Saturday, July 9, 2011

Charts the old fashion way, we stole them



From Bespoke, always interesting stuff there.
http://www.bespokeinvest.com/thinkbig/2011/7/6/the-drudge-headline-indicator.html
When Drudge has lots of headlines on financial topics,is when the market is falling a bit, it rarely keeps falling after the Drudge Indicator


So does this market have the oomph to run up?

Try this same report with some Elliot, you do the Fibo

2 comments:

  1. Looks like a lagging indicator to me.

    ReplyDelete
  2. Yeah, seems like the bears get all excited after something happened, then HBB pummels them.

    ReplyDelete

Insightful and Useful Comment!