|
|
Bulkowski's Market Review
|
Market
Industrials (^DJI):
Transports (^DJT):
Utilities (^DJU):
Nasdaq (^IXIC):
S&P 500 (^GSPC):
|
As of 05/16/2012
12,599 -33.45 -0.3%
5,101 -6.43 -0.1%
467 -0.66 -0.1%
2,874 -19.72 -0.7%
1,325 -5.86 -0.4%
|
YTD
3.1%
1.6%
0.6%
10.3%
5.3%
|
 13,300 or 12,500 by 06/01/2012 5,400 or 5,000 by 06/01/2012
480 or 460 by 06/01/2012
3,000 or 2,850 by 06/01/2012
1,420 or 1,310 by 06/01/2012
|
|
|
|
Written by and copyright © 2005-2011 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 © 2005-2011 by Thomas N. Bulkowski. All rights reserved. Moderate: a guy who makes enemies left and right.
|
|
. If you buy ANYTHING, they pay for the referral.
on 