[RUTrading]

Pcabc, thanks for sharing the 2008 charts, looks very interesting, love the work you doing on this. This is what Stan was talking about taking different indicators and putting them together to create the Weight of the Evidence.

I understand when you say making money from it is harder. It is always easier to look at these indicators once the events have accured and then know when to have exited or entered.

It will be interesting to see when it tells you to get back in the market. Eventually we going to have to follow these beautifully gauges blinding to make the money we hope to make. The key probably is narrow the focus on what works for us and then to trust it.

My overall scores are starting to look better right now.  But if you look at previous events bounces in a bear market have increasing breadth.  An interesting example is the dotcom bubble:
1. During the stage 4 the advance / decline line was rising.
2. Weinstein's momentum was rising for much of 2000 - 2001 and was above zero for 2001 and the first half of 2002.
3.  The percentage of stocks above the 50% EMA was above 50% for much of the time (bullish).
4. Same can be said of the percentage of stocks above the 200 day EMA.
5. My overall score system is showing 'buy' despite being in a stage 4 in the market.
6. Lower highs in the index.

So unfortunately there is no magic bullet.


(Note, I have no new highs or new lows data for this period.)

Are you certain your data is that of those stocks in the S&P500 at that period back in 2000 -2001? 

Another thing to maybe play around with is RelativeStrength of Value vs Growth or Growth vs Bonds or MidCap vs LargeCap and see if that can bring down that BUY score during those times. 

The challenge is we can tailor make our scores to fit 2001, 2008 & 2020 and then not be fool proof for the next down turn. Anyway its all part of finding something that works the majority of the time, so it is working alot better in 2020 and thats important.