Just FWIW.
Buy signal has been triggered, full on leveraged buy is approaching. Will see. If September is up, then I can see it triggering then.
Zweig breadth thrust
Started by
fluid
, Aug 30 2013 08:38 AM
4 replies to this topic
#2
Zim
-
- Traders-Talk User
- 247 posts
Member
Posted 30 August 2013 - 08:55 AM
Just FWIW.
Buy signal has been triggered, full on leveraged buy is approaching. Will see. If September is up, then I can see it triggering then.
Might I suggest a Google Search on "Zweig Breadth Trust" definition or signal.
Now that you've looked at the definition of what constitutes the signal and the above chart, do you still think a signal has been triggered? Or is eminent?
Best
Bill
#3
fluid
-
- Traders-Talk User
- 2,837 posts
Member
Posted 30 August 2013 - 09:29 AM
NO.
Initial buy signal at 40, add leverage at crossing 62. I have told fib about this strategy and he is probably one of the most highly acclaimed experts in this area.
So, NO, I disagree with you.
#4
PrintFaster
-
- Traders-Talk User
- 1,683 posts
Member
Posted 30 August 2013 - 09:58 AM
Breadth doesn't seem very strong today, way too many stocks going down
http://finance.yahoo.com/advances
http://finance.yahoo.com/advances
#5
Zim
-
- Traders-Talk User
- 247 posts
Member
Posted 30 August 2013 - 10:48 AM
NO.
Initial buy signal at 40, add leverage at crossing 62. I have told fib about this strategy and he is probably one of the most highly acclaimed experts in this area.
So, NO, I disagree with you.
Sorry pal but you called it a Zweig breadth thrust not a fluid breadth thrust.
Your Disagreement is with Marty Zweig, not me.
Why not enlighten everyone here with your Martin Zweig source of information. If you can it will gain you respect, if not ???
That's OK I get you now! And all caps won't change that
