V. 21:7 (48-52): Find Those Market Tops by David Hawkins

V. 21:7 (48-52): Find Those Market Tops by David Hawkins
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Find Those Market Tops by David Hawkins

When is a rally just a rally, and when is it the end of a bear market?

The long-term bear market that started in the year 2000 has been punctuated by several intermediate-term rallies, each of which, so far, has failed to bring down the bear. When youíre within such a rally, you donít know if it is the end of the long-term bear or if itís just another intermediate-term rally that will fail. You need an indicator, something that will give a signal when a rally is running out of steam and is getting ready to roll over.

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