Wow, thanks!
This looks like an interesting site.
You might also be interested in Dow Theory, if you are not already aware. That was developed by Charles Dow over 100 years ago, and further developed into a prospective tool to predict market movement.
Dow Theory fell into disfavor for some years because a paper was published that seemed to show that it didn't work. However, more recent papers indicate that the original paper was flawed. More importantly, there are several modern-day Dow theorists who predict movements in the Dow 30. One of these is none other than Richard Russell (or Russell 2000 Index fame, among other things). Some of these theorists have been extremely successful. Jack Schannep, for example, has records dating back 56 years to show historical success, and also 11 years of prospective success.
thedowtheory.com
The whole thing is based on the relative performance of the Dow Transportation Index vs the Dow Industrials. The theory is that when the industrial companies in the Dow 30 are doing well, they will be shipping more products, and that increased shipping business is first reflected in the Dow Transportation Index, which is the leading indicator. Similarly, when the Dow 30 cut back on shipping products, the first thing that happens is the Dow Transports suffer, THEN the Dow 30 itself pulls back.
Interesting stuff
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