Stockbee: Extreme breadth day

Extreme breadth day

October 25, 2018

One of the rare big down days in last few years. Days above 1000 typically happen in corrections.

6 comments :

beam2000Oct 25, 2018, 1:05:00 PM
Hello Pradeep,

The secondary indicator's (No of stocks up +50%) has gone bullish. Does this mean this is a good time to buy in 401k. Thanks
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Pradeep BondeOct 25, 2018, 1:08:00 PM
I have put 50% to work in 401k this week
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MLOct 25, 2018, 5:37:00 PM
I remember you said the indicators will 'forecast' a bounce, but does it forecast a bottom? or are you just buying extreme low. thanks.
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Pradeep BondeOct 25, 2018, 7:37:00 PM
If the primary indicator reaches extreme it indicates bottom. It has not yet reached that level.
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TommyNov 11, 2018, 8:42:00 AM
Guru,....yes, I saw that and 25% Plus QTR,....shocked how fast that change,....a breath trust I suppose?
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UnknownNov 18, 2018, 4:25:00 AM
This comment has been removed by a blog administrator.
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