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Strategies & Market Trends : Value Line Investment Survey -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (149)8/18/2006 9:56:14 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 219
 
Good morning EK, The Value Line "Best and Worst Stocks - Last 13 Weeks" screen on Page 33 of their Summary and Index section shows continuing low speculation. This graphic is from that data:



It's now in its 8th week of bullish reading. Note that since 1982 when I started to gather this data only 10% of the time has it given a "bullish" signal as now. Essentially every time has given us a near term rally (1 to 6 months) from the signal.

I still feel the valuations are high enough to prevent significant improvement on previous recent highs but we should be able to see rallies back to those levels.

Best regards, Tom