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Wednesday, August 01, 2007

Extreme Pessimism

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:

Anonymous said...

Buy when extreme pessimism. Sell when extreme optimism.