tag:blogger.com,1999:blog-28426681.post4022578061329532409..comments2016-12-17T06:08:17.313+13:00Comments on Ambassador Watch: Focus on William MillerGavinhttp://www.blogger.com/profile/03060097218905523899noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28426681.post-56846791394144552172016-05-31T02:05:14.176+12:002016-05-31T02:05:14.176+12:00Minimalist,
The market phenomenon you describe is...Minimalist,<br /><br />The market phenomenon you describe is called a "dead cat bounce" by professionals.<br />Even a dead cat fallen from the 9th floor is able to bounce hitting rock bottom.<br /><br />nck<br /><br />Great article btw. nckhttp://www.blogger.com/profile/14580008070423402328noreply@blogger.comtag:blogger.com,1999:blog-28426681.post-3313626349544748802016-05-31T01:55:21.041+12:002016-05-31T01:55:21.041+12:00I had checked out this interesting piece also rece...I had checked out this interesting piece also recently. The part I liked was when one of the group, Samuel Snow, did a Dankenbring-like recalculation after the Spring failures to come up with a Fall date.<br /><br /> Miller was skeptical at first:<br />"It took Miller himself an extended time to embrace this new idea, but as the date approached, he finally endorsed it, and joined the majority of his followers once again to wait in anticipation."<br /><br />This kind of desperation reminds me of stock market rally after the initial October 1929 crash when <i>HOPE</i> briefly returned to the hearts of men. Of course they were whipsawed by another big selloff.Minimalisthttp://www.blogger.com/profile/07394978086891772878noreply@blogger.com