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Bulkowski's Market Review
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Market
Industrials (^DJI):
Transports (^DJT):
Utilities (^DJU):
Nasdaq (^IXIC):
S&P500 (^GSPC):
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As of 01/28/2015
17,191 -195.84 -1.1%
8,799 -129.99 -1.5%
643 -6.44 -1.0%
4,638 -43.51 -0.9%
2,002 -27.39 -1.3%
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YTD
-3.5%
-3.7%
4.1%
-2.1%
-2.8%
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 17,800 or 17,000 by 02/15/2015 9,200 or 8,400 by 02/01/2015
660 or 615 by 02/01/2015
4,900 or 4,550 by 02/15/2015
2,070 or 1,950 by 02/01/2015
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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.
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