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The Stock market and the River
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newmoon
Veteran |
01-Aug-2007 17:55
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The stock market ia analogous to the river. Spring-beginning of a bull market Stream-upward wave 1(blue chips move) River-waves 2 and 3 (blue chips and mid caps move) Mighty river-wave 5-almost vertical ascent (blue chips and mid cap and small caps move) Rapids-high volatility but generally up(every stock even those without earnings or worse still on the verge of liquidation moves) Waterfall-what we are experiencing in the last week or so. Anyone care to comment on a better analogy? |
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