Bull, bear, mule….greased pig?

Posted on Aug 28, 2010 by WHC Bassetti in Letters

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441

Sometimes the lexicon is strained to describe the market.  While this is technically a mule (or sideways) market, mule hardly describes it.  In the past we have made significant contributions to the nomenclature -- Kilroy (H&S) Bottoms, bungee markets, squirrel markets, dumpity bumpety patterns-- (we understand that these contributions have been eagerly adopted in Roumania and Kazakstan).

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