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Ep. 186: Charles Harris: The Pros And Cons Of Secondary Indicators
Investing With IBD
The Market's Follow-Through Day
In the past five times we either hit a definitive market bottom or at least a tradable rally. We haven't been this low in the stochastics since 2008 and before that 2002. The AI surveys have been very very negative you know bullish readings in the teens to 20s and bearish readings in the 50 to 60 percent so again everyone's kind of on one side of the boat and expecting the worst. That must set us up for an opportunity but again we should wait for the follow-through day.
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