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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: SouthFloridaGuy who wrote (87824)10/6/2008 11:29:32 PM
From: Paul Kern  Read Replies (1) of 116555
 
'd rather use the S&P due to its breadth. Bloomberg has a function called TRADPAUS (stocks under 200 day MA) which I like to use to at least signify short-term bottoms. On Friday it was the lowest I had ever seen - something like 12% of stocks above 200 day Moving Average.

It's $SPXA200R on stockcharts.com. They have it at 9% today.
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