High Tolerance Plasticity Message Board

STOCKTALK

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.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Warpfactor who wrote (17516)	11/4/2002 9:59:53 PM
From: Sweet Ol	Read Replies (1) of 23153

<<I was puzzled in that the highest level BPCOMPQ ever seemed to achieve was 55, even in the bull market. In fact from 1996 to late 1999, BPCOMPQ was largely rangebound between 35 and 50. The highest levels achieved are in the bear market of the past couple years. I was expecting that in a bull market, BPCOMPQ would have run up to the 70's, but this was not the case. Can anyone offer an explanation?? >> Warp, I'll take a stab at a theory. $BPCOMPQ is the number of stocks with a P&F buy signal. In a bull market some are going up and some are going down at any one point in time, although the overall trend is up. Just because a stock is going up it may not generate a "buy" signal. In a bear market everything is beaten down, when a rally comes along more of them will turn up and therefore create a "buy" signal. BWDIK???? Best to all, JRH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next