Ep 169: Vernon Bice: Old Is New, Sideways Is Up, Hunting Vs. Hiding
Investing With IBD
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How to Use Absolute Momentum Scores to Stay Out of the Drawdowns
The odds are increasing that we're slowly coming out of the correction, says Justin. The VIX is almost becoming a table pound in an event where you only get this type of low market breadth every four to five years or so,. That would be the second thing we look for. Third are some of the momentum fact indicators, like monthly MACD, I found to be very useful on the Russell 3000. And then finally, what I look for is those four categories on our watch list.
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