2015 Shaping Up as Worst (highs vs. lows) Year Since 2009
52-Week Low vs High #s Worst Since 2009
Most Negative Days (79) Since 2008 (164)
Another useful tool for analyzing an index of your selection universe is a comparison between the number of issues establishing new 52-week high ground vs. those sinking to new 52-week lows. The longer the numbers are overwhelmingly positive, the more likely it is that a correction is approaching.
Superficial analysis is very straight forward --- there should be more new highs in an upward trending market and more new lows during a correction. Typically, New Highs vs. New Lows is the last market statistic to weaken...
- Over the past 79 months (Since April '09), months with more new highs (72) have exceeded months with more new lows (7) by a huge margin (New Highs vs. New Lows exhibit) --- including 57 of the past 63.
High vs. Low Numbers Barely Out Of "Correction" Territory
Will you take your stock market profits and/or increase your income this time, as the biggest rally in the history of mankind continues? 401k and Mutual Fund managers rarely take profits... AND absolutely never even think about "INCOME".
The New High and New Low issue stats also identify weaker and/or stronger sectors within the IGVSI selection universe --- very important in helping investors determine where the bargains are and where the profit taking opportunities should be.
Remember to be quick on your profit-taking feet, using the two 7's beats one 10 "Brainwashing Book" strategy. The correction you've anticipated may "restart" at any time --- there has never, not ever, been a permanent upward only stock (or bond) market.
What's this all about? Check your copy of "Brainwashing" or contact Steve at the number below or at: sanserveataoldotcom
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