Subject: Re: What constitutes success?
TG- Breadth - especially extremes - are the key. Percent of stocks above moving averages of 3 or 4 different, key, lengths, are telltale sentiment indicators. Bottoms - extreme low breadth combined with indexes below intermediate to long term moving averages - are shorter and easier to spot than tops. The emotional problem is it requires nerves of steel (robotics?) to put cash to work at those times.

FC