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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (14557)12/19/2001 12:40:27 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Justa, looking at the BPCOMPQ, there is still a little ways to go before we get to the January and May extremes. That supports another leg up before a drop. Look at that chart with the 14-day EMA and see how the top is in once that line is crossed from above (I don't have time to post the link right now).

It was a bit more difficult in summer 2000 using this as an indicator, but it can still flag the tops pretty well.


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