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Howard - It has been there for a while. Another techncian I know
recently did a study on it and found that, in general, 1, 3 and six
months later, the stock market was still higher. No use though everybody
thinks it is.
Steve
HBernst963@xxxxxxx wrote:
>
> I see that Investor's Intelligence reports the number of bulls at 60%, a 19
> year high. Does anyone have historical data on this indicator to see what the
> average lead time between the peak reading in bulls and the peak in the stock
> market?
>
> Thanks.
>
> Howard Bernstein
--
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
Tel: 201-995-0845
Fax: 201-995-0846
Email: swp@xxxxxxxxxxxxxxx
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