Black Monday

[Baa_Baa]

Is that chart a free to access site ?

It's Yahoo Finance, free chart.

The Coppock study is based on a monthly chart, buy or sell when the Coppock line crosses zero. Going back to 1990, on the DOW, here's an illustration of how it might have worked out if it was the only trigger used for a buy or sell. https://invst.ly/qc8ox

[ratkin]

It's Yahoo Finance, free chart.

The Coppock study is based on a monthly chart, buy or sell when the Coppock line crosses zero. Going back to 1990, on the DOW, here's an illustration of how it might have worked out if it was the only trigger used for a buy or sell. https://invst.ly/qc8ox

I will not wait for it to cross zero, just for the line to turn upwards from under the zero line. I may be a little early or a little late, but by the time it happens the market should be substantially de risked.
Likely to be quite a few months away from that point

[ratkin]

Is that chart a free to access site ?

https://finance.yahoo.com/quote/%5EDJI/chart?p=%5EDJI

It is a decent site, the only problem I have with it is the charts can be very slow to load. Especially when I use the ipad

[winner69]

Bit spooky how MR Coppock came up with 11 and 14 periods as part of his calculation - He was told by Episcopal bishops that the average person's mourning period is 11 to 14 months. Coppock inferred that a downtrend was like a mourning period, so he used these figures. The Coppock Curve is calculated as a 10-month WMA of the sum of the 14-month rate of change and the 11-month rate of change for the index.

[kiora]

Ratkin"The NZX 50 Coppock has been on the increase since 21-3 now just under 0 so you have been buying?

[Tomtom]

ill probably dollar cost average at some stage when fundamentals catch up with reality.

For all the kerfuffle so far we still have some distance to go if we are to visit crisis levels in equities. My reading is that when the GDP and inflation (deflation?) numbers come out over the next few months we will really see if there is the political resolve to prevent a depression.

[Joshuatree]

Thread Redbacks threads on the ASX worth a squid.

[ratkin]

Ratkin"The NZX 50 Coppock has been on the increase since 21-3 now just under 0 so you have been buying?

Not according to the chart at Yahoo. Remember you have to use a monthly chart. On that the coppock has fallen nowhere near zero, and our market has held up far better than the US, which seems surprising, but if you look at it from 2006 we have not actually fallen much, although it feels like we have. But large segments of our market have not really fallen at all. A2, Spark, Chorus, Fph Ebos etc.


A7B9C39E-56A5-46F9-8286-2C1FECF96B65.jpg

[Balance]

For all the kerfuffle so far we still have some distance to go if we are to visit crisis levels in equities. My reading is that when the GDP and inflation (deflation?) numbers come out over the next few months we will really see if there is the political resolve to prevent a depression.

Political resolve to prevent a depression?

Don’t even have to spend 1 minute worrying about that - if need be, we will see ‘helicopter’ money pumped into global economies.

[kiora]

Not according to the chart at Yahoo. Remember you have to use a monthly chart. On that the coppock has fallen nowhere near zero, and our market has held up far better than the US, which seems surprising, but if you look at it from 2006 we have not actually fallen much, although it feels like we have. But large segments of our market have not really fallen at all. A2, Spark, Chorus, Fph Ebos etc.


A7B9C39E-56A5-46F9-8286-2C1FECF96B65.jpg

A ha,thanks my bad