Posted by riggio913 on 20th of Aug 2011 at 10:48 am
If your a member of
www.stockcharts.combe sure
to check out Friday's market message video by Arthur Hill. He
discusses the characteristics that exist for market tops using
the 2000, 2007-2008 and most recent top as examples. It
includes recovery attempts and failure points.
It's classic technical stuff.
Any Lowry's subscribers here? Wonder if they eliminate all the
bear ETFs from their stats? Seems like those would be a monkey
wrench otherwise. Anyone have a source for their current
analysis?
They use data based on Operating Companies (so they take out
ETFs, closed end funds, etc.). However, Lowry's did not foresee the
recent downturn we had, let's put it that way. Up until the recent
downturn, their indicators were still showing a healthy bull
market. So what we just experienced is unusual based on market
history.
Additionally, the astute Lowry’s organization writes:
“This week will go down in the record book as one of the most
manic of all time, with four alternating negative and positive 90%
Days, each generating changes in the DJIA of more than 400 to 600
points. There is nothing even close to this frenzy in the 78 year
history of the Lowry Analysis. The causes of the week’s mass
confusion will be debated for years to come, but the immediate
question is, what should investors do now?”
Lowry’s concludes:
“As of Friday’s market close, all of the requirements of Buying
Control No. 1 were completed, calling for a 25% invested position.
The 2nd stage of the buying program will be completed if Buying
Power rises ten points to 391 or higher, confirmed with a ten point
drop in Selling Pressure to 358 or lower.”
Posted by sschulman on 21st of Aug 2011 at 05:09 pm
I think there's a misprint there.
http://finance.yahoo.com/marketupdate/overview?u
Under Advances and Declines, on the left of the screen,
it's got NYSE Up Vol at 1204 million, and NYSE Down Vol at 549
million. Maybe they have it backwards? or maybe just the wrong
numbers? Am I reading it wrong?
Article bear market bottoms and 90/10 days etc
Posted by matt on 19th of Aug 2011 at 02:56 am
Here's an old article written by Paul Desmond in 2002, yeah it's old, but it's good info
http://bpt-education.s3.amazonaws.com/Educationreports/desmond90,10days.pdf
After reading this article, I
Posted by skyfish on 20th of Aug 2011 at 11:57 am
After reading this article, I googled 90/10 and happened apon this article which may also apply.
http://debudeodhar.hubpages.com/hub/9010_Principles_of_Stephen_Covey
Market Tops
Posted by riggio913 on 20th of Aug 2011 at 10:48 am
If your a member of www.stockcharts.combe sure to check out Friday's market message video by Arthur Hill. He discusses the characteristics that exist for market tops using the 2000, 2007-2008 and most recent top as examples. It includes recovery attempts and failure points. It's classic technical stuff.
Can you post the actual
Posted by ditch on 20th of Aug 2011 at 12:21 pm
Can you post the actual link? there are so many article by Hill.
thanks
Link to market message by
Posted by riggio913 on 20th of Aug 2011 at 02:57 pm
Link to market message by Arthur Hill.
http://stockcharts.com/members/videos/20110819-1/
UN & PW please...
Posted by tindall on 20th of Aug 2011 at 03:01 pm
Any Lowry's subscribers here? Wonder
Posted by bkout3 on 19th of Aug 2011 at 09:16 am
Any Lowry's subscribers here? Wonder if they eliminate all the bear ETFs from their stats? Seems like those would be a monkey wrench otherwise. Anyone have a source for their current analysis?
They use data based on
Posted by rikkwan on 19th of Aug 2011 at 09:20 am
They use data based on Operating Companies (so they take out ETFs, closed end funds, etc.). However, Lowry's did not foresee the recent downturn we had, let's put it that way. Up until the recent downturn, their indicators were still showing a healthy bull market. So what we just experienced is unusual based on market history.
Title: Lowry's Thanks rik here'san article
Posted by bkout3 on 19th of Aug 2011 at 09:23 am
Thanks rik here'san article citing some recent comments -- excerpt below
Additionally, the astute Lowry’s organization writes:
“This week will go down in the record book as one of the most manic of all time, with four alternating negative and positive 90% Days, each generating changes in the DJIA of more than 400 to 600 points. There is nothing even close to this frenzy in the 78 year history of the Lowry Analysis. The causes of the week’s mass confusion will be debated for years to come, but the immediate question is, what should investors do now?”
Lowry’s concludes:
“As of Friday’s market close, all of the requirements of Buying Control No. 1 were completed, calling for a 25% invested position. The 2nd stage of the buying program will be completed if Buying Power rises ten points to 391 or higher, confirmed with a ten point drop in Selling Pressure to 358 or lower.”
90/10 days
Posted by tomoboyle on 19th of Aug 2011 at 08:16 am
Do we have any data on the number of upside or downside days recently?
You can find the day's
Posted by lynmarie on 19th of Aug 2011 at 03:41 pm
You can find the day's up/down volume here: http://finance.yahoo.com/marketupdate/overview?u
I don't know if there's somewhere with historical data, but I know we've had at least one 90/10 day so far.
misprint on that page?
Posted by sschulman on 21st of Aug 2011 at 05:09 pm
I think there's a misprint there.
http://finance.yahoo.com/marketupdate/overview?u
Under Advances and Declines, on the left of the screen, it's got NYSE Up Vol at 1204 million, and NYSE Down Vol at 549 million. Maybe they have it backwards? or maybe just the wrong numbers? Am I reading it wrong?
Yeah I'm not sure. That
Posted by matt on 19th of Aug 2011 at 10:37 am
Yeah I'm not sure. That article is listed free on their site. I don't belong so IDK, maybe someone else would know