https://www.siliconi...?msgid=33808157
INVESTORS INTELL
#2
Posted 20 April 2022 - 09:07 AM
Investors Intel Bull/Bear below 1.00 is a Buy. That's remarkable given the essentially flat action over the past couple days.
That's Bullish.
Mark S Young
Wall Street Sentiment
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#3
Posted 20 April 2022 - 11:40 AM
It's fine to date it below 0, but you might be living dangerously if you marry it depending on where you believe we are in the bull/bear cycle. In the early days of the 2007-2009 bear market a one month or so long rally did spring out of sub-zero readings, but in a month or two at most you needed to get out of that engagement and pronto. If you believe we are not in the early stages of a bear market, no problem, but if you think that old Yogi has parked his furry behind on the bench, fine to buy on a sub-zero reading, but just for a few weeks' long trade. It all depends on your frame of reference.
Regards,
Douglas
#4
Posted 21 April 2022 - 09:49 AM
My stuff says we're still objectively in a Bull Market. And it's acting that way.
M
Mark S Young
Wall Street Sentiment
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