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


To: Justa Werkenstiff who wrote (39256)3/8/2002 5:53:27 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 99280
 
Not sure if you saw this chart that I put together a few weeks ago, it shows the BP (BPCOMPQ) levels at major bottoms on the weekly chart. We never got below 40, which is a bit of an anomaly. The chart is from the 2000 top to now, so maybe I have to do a similar chart through the bull phase to see if a BP of 40 marked a meaningful bottom in the bull.

stockcharts.com[e,a]waclyyay[pb50!b200][vc60][iub14!la12,26,9][J3056158,Y]&pref=G