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Bulkowski’s Indicators

Market

Dow industrials (^DJI):

Dow transports (^DJT):

Dow utilities (^DJU):

Nasdaq composite (^IXIC):

S&P 500 (^GSPC):

As of 08/27/2008

11,502.51 89.64 0.8%

5,011.59 53.09 1.1%

483.23 2.92 0.6%

2,382.46 20.49 0.9%

1,281.66 10.15 0.8%

YTD

-13.3%

9.6%

-9.3%

-10.2%

-12.7%

Tom’s Targets

10,900 by 09/01/2008

5,300 by 09/15/2008

470 by 09/15/2008

2,225 by 09/15/2008

1,200 by 09/01/2008

Test Portfolios and CPI

Industry relative strength: 9.5%

Wilder RSI: 14.2%

CPI: bullish as of 8/26/2008

Chart Pattern Indicator. Invented by Thomas Bulkowski, the indicator does a very good job at predicting market turns, but it has several days of lag. Thus, the indicator is best used as a weekly signaling device only. The current reading of the indicator can be found on the home page, under Weekly Updates, near the bottom center of the page.

Wilder’s relative strength index. The page discusses the RSI and tunes the parameters for stocks. The best results come from threshold settings of 20 and 80 with 16 day look back for buys and 14 day look back for sales. Review the tests and pick your own settings.