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Where is the Stock Market Bottom in 2011/2012? $USHL
Where is the bottom in the stock market? This is a question we've heard many times over the last few years. Going back to the fall of 2008, the stock market has made 4 significant drops which were very violent. These are the drops that you look back at and say " I wish I would have bought stocks."
Well everyone, if you sold out and are looking for a spot to get back into the stock market during a violent decline, check out the U.S New Highs - New Lows chart on http://stockcharts.com
When the RSI of the $USHL hits 30 or below and the $USHL itself drops below -1400-1500, it is time to start looking for a spot to buy buy buy. Check out the chart below.
Each plunge has been followed by a large violent rally.
Tags: $ushl, 2011, 2012, bottom, market, stock, stocks, ushl
Views: 5874
Replies to This Discussion
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Permalink Reply by Rhee on -
So it looks like the top of a market is above $USHL 700 and RSI 70. Also, when the $USHL fails the 50 day SMA (alongside that of the S&P), it's probably best to be sidelines (or short) and wait for a dip below -1000 before getting back in. Man, this is super helpful Tim!
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Permalink Reply by Stocks To Buy on -
Yea I feel that during a massive sell off, rather then wanting to puke, you could track the $USHL and embrace the fear and get close to picking a bottom....even if you are 1 or 2 days early or 1 or 2 days late, I still think you can do very well. We've had a big down move lately but as you can see from the chart, we are not anywhere near one of those panic sell off bottoms. However, things are starting to roll over a bit. If we do go down to 1140 again like some are predicting, it will be interesting to see what the $USHL shows us.
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Permalink Reply by Giorgio on
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The chart shows a double bottom in August and October 2011. Now the market is going sideways and investors are still very careful.
It's really useful! Thanks for this interesting post!
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Permalink Reply by Thomas Eckstein on -
What's interesting is this indicator got below -1400 three times in the last couple months yet never got that low in all of 2010. It would be interesting to if any particular stock and/or sector had the biggest percentage increase from each low to see if any correlation can be found.
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Permalink Reply by Shaul on
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Where can I find this index? Tried Yahoo, Google, Barchart, Finviz ... nothing :(
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Permalink Reply by Stocks To Buy on
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You can't buy USHL, it is an index of data - not a stock
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Permalink Reply by Stocks To Buy on
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Go to the website in my post above
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Today stock markets are going toward the "severe oversold zone". Europe's market -2%:
I'm ready!
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Permalink Reply by Riverafteriver on
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okay giorgio, is what you're basically saying and what the post is basically saying, is that it's good to buy in a company you have confidence in when these indicators go down this low? Thanks
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Permalink Reply by Stocks To Buy on
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I don't think we are at extreme oversold levels just yet....we would have to see another sharp, quick move lower. But yes, find companies you like that are solid and buy them up when the indicators get oversold.
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