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I have overlaid it over Wilshire 5000 index portfolio (symbol WINDX).
See attached. As far as I can see (and of course I may be missing
smth.) for the last year the study predicted about 5 tops that didn't
occur and suggested no one long (didn't predict any bottom).
Best regards,
Alex mailto:alex_bell@xxxxxxx
Sunday, March 7, 2004, 8:14:26 AM, you wrote:
p> Hello
p> this is my long term trading
p> it is done on the weekly bars of the whilshire 5000
p> (almost all stocks traded)
p> when the line reaches the top it is a good time to exit your conservative money and 401K and IRA
p> right now we are VERY close to a top (max upside potential is 250 whilshire 5000 points)
p> the chrt is reduced to a 1/10 of value (current close 11314)
p> Ben
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