I think the rule goes somthing like this .....Whenever an widely follow index falls by 4% from the top it is a sell signal.....So, we are in a sell mode....
Marty Zweig's 4% sell signal
Started by
traderpaul
, Aug 02 2007 09:31 AM
2 replies to this topic
#1
traderpaul
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Posted 02 August 2007 - 09:31 AM
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#3
TrillionDollarMan
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Posted 03 August 2007 - 02:15 PM
Technically, the signal is PREDICATED on the Value Line Arithmetic Index. However I've seen tests done on it using the Nasdaq 100 and other indexes also.
I track the signal, a simple WEEKLY 4% stop-and-reverse, and it is on Sell again, as it was in February. EVERY SELL since 2002 has been a whipsawed luzing trade.
TDM
