Replies to post #8797 on The Black Box

[gottfried]

spx, nya, compq are still all 'bull confirmed' [like a 'buy' signal for a stock]. bpindu is 'bull correction'. As you know, the bp for indices with few components [indu and ndx] are more volatile.

http://stockcharts.com/webcgi/Pnf.asp?S=$BPSPX
http://stockcharts.com/webcgi/Pnf.asp?S=$BPNYA
http://stockcharts.com/webcgi/Pnf.asp?S=$BPcompq
http://stockcharts.com/webcgi/Pnf.asp?S=$BPindu

Gottfried

[gottfried]

Schaeffer's 21 day ma equity P/C ratio is benign right now. Here it is shown with OEX [sp100]





link to Bernie's page
http://www.schaeffersresearch.com/streetools/cboe_eqpcr.asp

G.