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The Stock market and the River

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newmoon
    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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