dethending thursday, page-36

Hi folks,

My feel is we might have a few more days rally from US because tonight's GDP might not be that bad, and Friday is the end of month, there should have some winodow dressing activity by all kinds of funds to cover up a bad month.

So we could experience a few days reasonable and steady rise here. It is a shame our market is so scared. While Canadians did recover very well, put on more than 10% over two trading days.

Relief rally do happen.

In 1929 crash, it was up 30% from low within a month.
In 1974 crash, it was up about 15% in a couple of weeks.

In both case, the initial stock rally last more than a week (including a small down day inter-between) to reach first high.

So shorters be alert.