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Bed Bath & Beyond Inc. Message Board

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  • gestumble gestumble Mar 13, 2009 8:07 AM Flag

    THINK THEY DO A TARD RELIEF RALLY THIS WEEK

    One more thing, a good link "Identifying Bear Market Bottoms and New Bull Markets":

    https://www.mta.org/eweb/docs/2002DowAwardb.pdf

    "our 69-year record shows that declines containing two or more 90% Downside Days usually persist, on a trend basis, until investors eventually come rushing back in to snap up what they perceive to be the bargains of
    the decade and, in the process, produce a 90% Upside Day"
    "These two events – panic selling (one or more
    90% Downside Days) and panic buying (a 90% Upside Day, or on rare occasions, two back-toback 80% Upside Days) – produce very powerful probabilities that a major trend reversal has begun, and that the market’s Sweet Spot is ready to be savored."

 
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