1
/
of
1
store-traders-com
V. 8:12 (478-480): NYSE Bullish Percent As An S&P Indicator by Thomas J. Dorsey
V. 8:12 (478-480): NYSE Bullish Percent As An S&P Indicator by Thomas J. Dorsey
Regular price
$2.95 USD
Regular price
Sale price
$2.95 USD
Quantity
Couldn't load pickup availability
NYSE Bullish Percent As An S&P Indicator by Thomas J. Dorsey
At a time when all eyes are on computerized trading and terms such as stochastics, waves, Fibonacci numbers and R factors are being hurled about, most investors are overlooking the simple market indicators that have worked for years. One such indicator is the New York Stock Exchange Bullish Percent Index.
Where most investors go wrong is not knowing when to sell. I look at the market like a football game. There is a time to have the offensive team on the field (buy stocks) and a time to have the defensive team on the field (sell or hedge stocks). The NYSE Bullish Percent Index can be instrumental in helping investors gauge prevailing risk in the marketplace. Understanding which team to put on the field, offensive or defensive, is the key to risk management. Risk perception is the key to risk management.
The NYSE Bullish Percent has been one of the best at calling intermediate market tops and bottoms since it was created by Chartcraft in 1955. It is based on the percent of stocks on the NYSE that have bullish point and figure charts.
At a time when all eyes are on computerized trading and terms such as stochastics, waves, Fibonacci numbers and R factors are being hurled about, most investors are overlooking the simple market indicators that have worked for years. One such indicator is the New York Stock Exchange Bullish Percent Index.
Where most investors go wrong is not knowing when to sell. I look at the market like a football game. There is a time to have the offensive team on the field (buy stocks) and a time to have the defensive team on the field (sell or hedge stocks). The NYSE Bullish Percent Index can be instrumental in helping investors gauge prevailing risk in the marketplace. Understanding which team to put on the field, offensive or defensive, is the key to risk management. Risk perception is the key to risk management.
The NYSE Bullish Percent has been one of the best at calling intermediate market tops and bottoms since it was created by Chartcraft in 1955. It is based on the percent of stocks on the NYSE that have bullish point and figure charts.
Share
