ajtj99's Market Pulse

[ajtj99]

Good grief, any question is a good question. No need to preface it with apologies, Michael.

T/A is T/A. It basically reflects price and the indicators reflect volume and oscillations in price and volume. Fundamental factors are not important in T/A, as price reflects whatever is going on, and volume and indicators do the rest.

Many people are using bear market analysis for this rally even though it has lasted 8-1/2 months and counting. The longest rally in 2000-2002 was only about 3-1/2 months, and that's generous.

My point is that if people are going to use comparative analysis, I believe they need to compare bull to bull, bear to bear.

I don't care what year it is, I just believe it needs to be a bull year if you're going to compare it to this rally.