|
|
Bulkowski's Market Review
|
Market
Industrials (^DJI):
Transports (^DJT):
Utilities (^DJU):
Nasdaq (^IXIC):
S&P500 (^GSPC):
|
As of 10/20/2017
23,329 165.59 0.7%
9,972 85.59 0.9%
749 1.35 0.2%
6,629 23.98 0.4%
2,575 13.11 0.5%
|
YTD
18.0%
10.3%
13.6%
23.1%
15.0%
|
 23,700 or 22,700 by 11/01/2017 775 or 725 by 11/01/2017
6,700 or 6,500 by 11/01/2017
2,625 or 2,525 by 11/01/2017
|
|
|
|
Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions.
See Privacy/Disclaimer for more information.
This is the main gateway for significant events in the stock market. The conclusions I draw from this analysis are two:
- If a major shock occurs that takes price down dramatically, buy soon after, perhaps within a week. This
occurred on 9-11 and Black Monday (the 1987 crash). Early entry means you get in near the bottom of a fast recovery.
The downside is, the recovery will be like an ugly double bottom or
a dead-cat bounce -- a bounce upward with the second low above the
first. That is fine so long as you get in near the low and not near the top of the bounce.
- For bear markets, like the 1929 stock market crash and the 2000-2002 bear market, then you have to call the bottom correctly
before adding new positions. Taking your time before jumping in may mean missing a few points of the rise, but it helps
avoid markets that climb some before continuing down.
This page is dedicated to Ronda Palm who gave me the idea... Thanks Ronda.
-- Thomas Bulkowski
Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions.
See Privacy/Disclaimer for more information.
Moderate: a guy who makes enemies left and right.
|
|
If you buy ANYTHING, they pay for the referral.
on 