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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (16675)5/27/2001 12:44:45 PM
From: TREND1  Read Replies (3) | Respond to of 30051
 
Zeev
I disagree with you on Oct 1998
(1) Stocks started up on Oct 10, 1998
(2) BTB for Oct 1998 came out around Oct 22, 1998
Conclusion:
Stocks bottomed first, before the Oct BTB came out.

The whole concept of stocks being a leading indicator
would not be true, if stocks could not lead a "stupid"
lagging indicator like BTB. IMHO.

Larry Dudash