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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (1412)7/28/2007 8:07:44 PM
From: pcyhuang  Respond to of 4080
 
re: Weight Factor and BP indices. RTS: I think you are quite right about the "weight" factor.

Referring to the BP indices, let's look at another presentation:

stockcharts.com|B|K14

And yet, as you have pointed out the BP indices have long way to go before reaching the historical market-bottom levels.

We therefore have agreed that the market may be reaching a temporary bottom, yet the decline is far from finished.

pcyhuang