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Trend table status

Trend

SP-500

R2000

COMPX

Primary

Up 7/31/20

Up 1/29/21

Up 5/29/20

Intermediate

Up 10/2/20

Up 8/21/20

? 3/26/21

Sub-Intermediate

Up 3/29/21

?- 4/5/21

? 4/1/21

Short term

Up 4/1/21

Up 4/5/21

Up 4/1/21


Don Worden of Worden Brothers (makers of Telechart software) used to keep a trend table before his health issues got in the way. I always found it useful. Mine is slightly different. Hopefully helpful. Up? or Dn? means loss of momentum. ? by itself means trend is neutral. ?+ or ?- means trend is neutral with bias of up(+) or down (-)

Friday, September 28, 2012

Housing market poll results

Do you think the housing market is 

making a meaningful and long lasting recovery
  8 (14%)
 
just making a temporary upturn, there is still substantial down side risk to prices
  15 (26%)
 
making a short lived upturn with more sideways price action to come
  34 (59%)
 

Votes so far: 57

This is pretty close to what I expected.  I believe the pattern will be similar to Japan.  People rushed in after the first decline stopped only to get killed in the next big recession and house price decline.  I think the worst economically is yet to come.  If that is true, house prices will still fall more then they did.

Bob

 

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The information in this blog is provided for educational purposes only and is not to be construed as investment advice.