Since the day I kept records for the up/down ratio:
27 Feb 2007 Up = 42, Down = 1123. This is the day the index starts the correction from 1273 to 1090.
5 Mar 2007 Up = 42, Down = 1110. This is the day the index touches 1090 and recovers to 1392.
1 Aug 2007 Up = 57, Down = 1032.
Only two samples. No conclusion.
1 comment:
Buy when extreme pessimism. Sell when extreme optimism.
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