Thursday, November 8, 2012

Dig that Coppock bounce!

The most famous of long-term momentum oscillators has just made one of its biggest bounces in history!  While the Coppock guide is a bottom indicator, almost always signaling long-term upward momentum when it turns up from a negative reading, it has only had bounces like this one a few times before, and they have always preceded big bear markets.

Remember:  This is research, not investment advice.  You invest at your own risk, unlike the Wall Street banks, who also invest at your risk (if you are a US taxpayer).


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