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Matt/Steve.
Do you recall when was the last time all long term indicators were in this reading?
As I recall, in 2008 Matt and Steve did not have all the indicators listed as they do now, but you can bet they were all pointed down then. They would not have all triggered in the 2010 correction.
that's because indicators are lagging.
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long term indicators
Posted by dpack on 4th of Oct 2011 at 12:51 am
Matt/Steve.
Do you recall when was the last time all long term indicators were in this reading?
As I recall, in 2008
Posted by johnc on 4th of Oct 2011 at 06:42 am
As I recall, in 2008 Matt and Steve did not have all the indicators listed as they do now, but you can bet they were all pointed down then. They would not have all triggered in the 2010 correction.
that's because indicators are lagging.
Posted by steve88 on 4th of Oct 2011 at 07:46 am
that's because indicators are lagging.