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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: skinowski3/18/2024 8:51:41 AM
1 Recommendation

Recommended By
kckip

   of 41469
 
I find this interesting. Agree with Jay K., of course - valuations do matter, but not for timing.

However (and FWIW) — while I have no idea what this means — notice that the price/sales ratio grew out of the 2009 low in a five wave impulse. The 2022 decline was sharp (and probably impulsive), while the rally (out of the 2022 low) on this chart looks corrective, at least so far.

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