"The most elusive move in the market cycle, aside from the minor moves, which we are disregarding, is the secondary rally in a bear market. It is usually expected more than once before it actually occurs, and runs its course abruptly, to finish just about the time that the chronic bulls begin to take heart. It would be labeled the most dangerous chance in the market cycle."
"Making The Dow Theory Work" 1939, by Sparta Fritz and A.M. Shumate
The Next Leg Of The Crisis
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March 2009
