of stock market psychology
Hi Steve - Thanks for your reply last week. according to your I1 model, is today the top ? The market doesn't appear to be weak and could stay at these levels for several weeks because of their smoke n'mirrors (POMO, goose other stocks despite financials being weak). Thanks.Cynthia
Cynthia, I have two measures, the raw I1 and the 30-day average. Raw I1 was thrown off by the quake and still leads the market (by 4 days I estimate). That would place top today. The 30-day tops tomorrow. If Nasdaq and SP futures break their Feb highs by .25% then I'll stand aside.