{"id":307811,"date":"2010-02-11T14:29:00","date_gmt":"2010-02-11T19:29:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/beware-a-trojan-horse-rally-like-the-one-we-saw-before-1987-2010-2"},"modified":"2010-02-11T14:29:00","modified_gmt":"2010-02-11T19:29:00","slug":"beware-a-trojan-horse-rally-like-the-one-we-saw-before-1987","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/307811","title":{"rendered":"Beware A Trojan Horse Rally Like The One We Saw Before 1987"},"content":{"rendered":"

\"trojan<\/p>\n

Here’s an interesting trading observation from Jeff Cooper’s Daily Market Report<\/a>. He descirbes the potential for a “Trojan Horse” rally to occur.<\/p>\n

If the market buys time here and traces out a longer rally than we have seen—-something more than 2 to 3 days—-perception will sharpen that another bullish correction has played out, one that echoes the correction process from six months prior. <\/p>\n

“Perhaps, but it is worth considering the same perception crystallized a week before the 1987 Crash following a seven to ten day rally. The masses, at the time, were convinced it was a bullish correction that mirrored a similar correction process roughly six months prior.”<\/p>\n

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