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Investment Strategies / Mechanical Investing
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Author: DrBob2 🐝  😊 😞
Number: of 3320 
Subject: Re: Bottom detector
Date: 03/13/2025 8:18 AM
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No. of Recommendations: 19
A simple short-term bottom detector from a number of years ago is discussed in this thread:
https://discussion.fool.com/t/short-term-bottom-si...

The general idea:
- The NYSE bullish percentage index must go below 31
- Wait for it to rise 6% from its low

So, if the $BPNYA drops to 25 the buy signal would occur at
25 x 1.06 = 26.5

Zee provides backtested returns using QQQ.

DB2
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