SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rich1 who wrote (30740)2/18/2002 1:14:44 PM
From: ajtj99  Read Replies (2) of 99280
 
Rich, it's turning back down again. That relief rally caused it to go up a bit. It was a bit ahead of the COMP, but it should drop in concert with the COMP over the next couple of weeks. When the COMP $BPNDX gets to around 30, it should be time to buy for a rally.

Another indicator that I've found useful is the cross-over of the 13-day EMA on the BP charts. The BPNDX had a false buy last week, but the COMP has not indicated yet the bottom of this drop is in by the BPCOMPQ 13-day EMA crossing up from below. Watch that for confirmation of a move up, but remember it does lag a bit sometimes by a week or so.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext