In follow up to my recent post on "How to catch a "falling star? <../../../message/118914> ", Don Wilson of DONS FUNS fame has just issued a Bear Market warning, which in a nutshell reads:
"The market is severely oversold so we should see a rally in the next few days. This rally may or may not be a profitable rally. The main thing to remember is the first "sustainable" rally after the bear market is over is the most profitable rally for the next 4 to six years, you don't want to miss it. I said "sustainable" rally, it will normally take a few head fakes or false starts before we see the "sustainable" rally. So you say how will I know when this sustainable rally arrives? You or me or no one on the planet will know when it arrives. We must depend on the Managed Risk Investing Signals " (i.e. Technical Analysis). Again, any indicator that might aid in foretelling this move will be appreciated by all! Dick H
