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


To: Rich1 who wrote (30762)2/18/2002 2:04:11 PM
From: ajtj99  Read Replies (3) | Respond to of 99280
 
Rich, here's some BP's from Vess. He uses the 20-day EMA, which gives a better signal, but it's a bit later in the event.

clearstation.etrade.com

Notice the SP telecom index. The raw BP number is around 10, but it is still not a buy according to the crossover.

That's why it is best to use the $BP indexes with a 13-day EMA or 20-day EMA to get a true reading on where the index is going.



To: Rich1 who wrote (30762)2/18/2002 4:06:50 PM
From: Ted Downs  Read Replies (1) | Respond to of 99280
 
Rich,
Was talking to a friend who is in the business of limited partnerships of real estate primarily medium to upscale apartments. Renters who have solid jobs are buying homes because of low interest rates and good deals. Renters who have been laid off or have no confidence in their job future are leaving apartments and returning home or doubling/ tripling up with others to conserve money.
So that hot apartment activity in places like Raleigh/Durham or Charlotte have cooled off.
Aren't you in that field of condos etc.?

Ted