If you read the following article,
you are to learn that the average bull market length is approximately 3 times
that of bear market lengths.
Usually the average length of a bear
market is much shorter than a bull market, but average investors still can’t
precisely predict the bottom. During the
downtrend market, investors kept trying to become bottom fish, hoping every
piece of good news, or effort from the government and the Fed could reverse the
trend. Only after lengthy, frustrating endeavors, and asset losses did
investors come back to the brutal battle field again. The SMFI showed the bullish sign around the
time when market reached bottom in March 2009.
The following chart demonstrates how the SMFI successfully seized the
historical bottom.
SMFI successfully seized
the market bottom in 2009 by Showing Bullish Sentiment
Source: http://wallstreetcourier.com/port/po-smart-money-flow-index-002.htm
You can visit www.wallstreetcourier.com
to find out more.
Have a nice day!
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