RE: Stan Weinstein's Stage Analysis
Thanks for the comment on my chart book Still in the process of refining it.
Too bad I had not done it before February, it could have been of some help.
On the foretelling signs, I was more thinking about a divergence between the indice and the ADLine, which has always been here well in advance of a major downturn. (on top of a overevaluation through the P/E which can however last very long and is thus not a timing indicator)
That's why I tend to think that what we are seing is a correction (which could go down to -20%).
As for the week of the 2nd, you're right, but the correction had already started this week. So not really useful if we want to avoid being 'corrected'.