Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, December 21, 2009

Bull Ratio



The bad part about this chart is how long the time frame is, and keeping that in scale. So I ran lines of the tops and bottoms. Doing it, It seems like this is as much of a leading indicator as you will find. Of course in black I pointed out places where it was not reliable. In fact you can look at it and say that it's 75% reliable +/- 3 weeks.... LOL.. it's funny and not.

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