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Ep. 185: Tom Dorsey: Building Your Bullpen With Relative Strength

Investing With IBD

CHAPTER

The Bullish Percentage Saved the Company

The bullish percent reversed from above 70% down. That's when we went online and just pounded the table that you've got to do something. We lucked out that the market went down 28% in the day. So it saved the company. The bullish percent saved theCompany. Do you remember when it went negative this past year or in 2021? Yeah. I have to pull a chart out. Well, I can pull that. But let's go back to 1987. Here's what happened,. 1987, we watched it very, very carefully. And in September was around September 4th, 5th, 6th somewhere in that area, the bullish percent reversed between 60-70%.

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