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Ep. 185: Tom Dorsey: Building Your Bullpen With Relative Strength
Investing With IBD
The S&P 500 and the Market
When he was in the business in 1974, the S&P or the Dow Jones was at 500. Now we've got as low as 2008 2%. 98% of all stocks have been sold out more on sales equals in 2008. So when you look at this bullet percent now at 18%, it's sold out. Nobody wants to be in the market. Couldn't get any worse. The only way we can go from gears to zero, we've never been there.
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