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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (46439)4/15/2000 4:26:00 AM
From: Michael Watkins  Respond to of 99985
 
Jacob,

It may not happen overnight but somehow I think PE's will again be important ;)

And P no E will all be pariahs!



To: Jacob Snyder who wrote (46439)4/15/2000 5:46:00 AM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
A few charts...

intelligentspeculator.com

Shows MDD thread posting data, thanks OX!, and one of my favorite swing indicators, VIX and RSI of VIX. A sharp decline or gap down in VIX one day will signal some sort of short term bottom.

intelligentspeculator.com

Currently a perfect 2B top on the DOW *monthly* chart, now stuck inside a big range. We can start calling it a bear in earnest if it breaks below the range...

intelligentspeculator.com

Just for fun... percentage change since Jan 1 1983 which looks to me to be the beginning of the overall bull market...

Have a good weekend all,
Michael