RELAPSE - 7/24/08
During a Bull Move, which we have with our S4 regime, there is always a RELAPSE move, i.e., a big sharp sell-off. The tone of yesterday's sell-off as a quiet slide. There was not a lot of volume. Its like the mega-short-cover rallies suck all the oxygen out of the air, and so there is nothing for the market to fall back on.
The net effect of this move is to make bears comfortable again and not buy, or not short.
Look at the similarity between yesterday's move and the move on 4/11/08.
RELAPSE is just a part of REHAB, as Amy Winehouse knows.
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