文档介绍:Timing Important Stock Market Bottoms
Because my books really do not provide any exact “trading systems”, I have received posts from a certain
skeptics regarding whether I know how to trade or not. The bottom line is, “It does not matter whether I
know how to trade, because that will not improve your account balance”! The only thing that matters is
YOUR bottom Line. That said, I feel that I owe my readers and course owners something a little extra.
Especially for those that have purchased all of my works. The following is an attempt to say Thank You for
your loyalty and patronage. Please do not share this with others, or post it on any other board. I will
eventually find out, and will probably not make any future posts of this type again if this happens. Instead, I
would prefer referrals to my books, as anyone that purchases any of my books, would have access to this
information.
The following is a simple Buy only system, that I call “Opportunist”. It requires the daily close of the
S&P500, NYSE advancing issues & declining issues. Each day, subtract the declining issues from the
advancing issues (Advance – Decline). We will call the Breadth (Advance – Decline = Net
Breadth). Construct an 18-period moving average Breadth. This is a simple Moving Average, which
is just the past 18-days added together and divided by 18 to produce an average eighteen-day value. Wh