Bulkowski's Market Review
As of 04/15/2014
16,263 89.32 0.6%
7,467 63.55 0.9%
545 6.95 1.3%
4,034 11.47 0.3%
1,843 12.37 0.7%
or 15,900 by 05/01/2014
or 7,150 by 05/01/2014
or 525 by 05/01/2014
or 3,900 by 05/01/2014
or 1,800 by 05/01/2014
Written by and copyright © 2005-2013 by Thomas N. Bulkowski. All rights reserved.
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
Copyright © 2005-2013 by Thomas N. Bulkowski. All rights reserved. Moderate: a guy who makes enemies left and right.