any experiece with this indicator
#1
Posted 15 July 2007 - 11:16 AM
#2
Posted 15 July 2007 - 12:38 PM
Based on its history, look back to late 2002, this indicates market is in a big buy area now.
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#3
Posted 15 July 2007 - 12:58 PM
february sell off happened from a high value, just as was the case before the sell off in may 2006
http://www.bullandbe...istoryChart.asp
Based on its history, look back to late 2002, this indicates market is in a big buy area now.
#4
Posted 15 July 2007 - 01:17 PM
maybe february sell of happened at a low bullbear level, then we would now be at a huge sell area
doesn't it show the exact opposite
february sell off happened from a high value, just as was the case before the sell off in may 2006
http://www.bullandbe...istoryChart.asp
Based on its history, look back to late 2002, this indicates market is in a big buy area now.
#5
Posted 15 July 2007 - 02:00 PM
Thanks for the info...
- kisa
#6
Posted 15 July 2007 - 02:07 PM
bottoms and tops have several times come with a minor delay after the bullbear top/bottom
maybe end of july we bottom
I would think closer to a major bottom than a top...
Thanks for the info...
- kisa
Edited by relax_dk, 15 July 2007 - 02:12 PM.
#7
Posted 15 July 2007 - 02:17 PM
Edited by kisacik, 15 July 2007 - 02:22 PM.
#8
Posted 15 July 2007 - 02:25 PM
#9
Posted 15 July 2007 - 02:37 PM
as always cpi and ppi date will be key
since 2006 new highs have been made in the month to follow, if core inflation has been .2 or lower
if higher than .2 the month to follow has been down
a simple rule which has worked great
with regards to the chart - it is not so clear what it is telling us - in february the bottom in bearbull was followed by a move down
I am thinking next week should be up after a pull back tomorrow or Tuesday. I am thinking the current divergence in between the new highs vs the new lows will be settled quickly next week with a pull back. On Friday, even though the indices drifted higher, the breath was poor and the new highs vs divergent from the day before on Nasdaq. The breath hasn't been bad from the lows though, but the cummulative breath is not quite leading, actually it might not be of great help other than the initiations since the rates are going higher and the small and mid cap companies might not keep up very long, I think it will be mostly large cap rallies. It looks like there is a very good rally coming for August...
... or this rally will get insane from here for several weeks with the deteriorating internals to top sometime in August...
... The mark up time...
Edited by relax_dk, 15 July 2007 - 02:39 PM.
#10
Posted 16 July 2007 - 07:50 AM
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