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Re: opnion post# 250157

Wednesday, 05/26/2004 2:58:03 PM

Wednesday, May 26, 2004 2:58:03 PM

Post# of 704044
Opnion, Usually what happens is, the markets go up and hit a Momentum high, then pull back a liitle, then go up again, the momentum oscillators go to a lower high, while the Major market averages go to a higher, high. Then the markets start down. In 40 years of charting stock market momentum, I've never seen it differently.
Once in a great while, in a severe Bear market, the price high is only a matter of days, after the momentum high, but usually, it is two to three weeks, under normal circumstances.

Jim

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