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Bulkowski’s Indicators

Market

Dow industrials (^DJI):

Dow transports (^DJT):

Dow utilities (^DJU):

Nasdaq composite (^IXIC):

Russell 2000 (^RUT):

S&P 500 (^GSPC):

Wilshire 5000 (^DWC):

As of 10/10/2008

8,451.19 -128.00 -1.5%

3,744.74 75.26 2.1%

324.57 -19.74 -5.7%

1,649.51 4.39 0.3%

522.48 23.28 4.7%

899.22 -10.70 -1.2%

9,120.78 -67.16 -0.7%

YTD

-36.3%

-18.1%

-39.1%

-37.8%

-31.8%

-38.8%

-38.5%

Tom’s Targets

7,500 by 12/01/2008

3,400 by 11/15/2008

300 by 11/15/2008

1,400 by 12/01/2008

400 by 12/01/2008

800 by 12/01/2008

7,700 by 12/01/2008

Test Portfolios and CPI

Industry relative strength: -2.8%

Mutt Losers: -40.5%

Mutt Winners: -28.2%

Wilder RSI: -18.7%

CPI: bearish as of 9/22/2008

Chart Pattern Indicator. Invented by Thomas Bulkowski, the indicator does a very good job at predicting market turns, but it has several days of lag. Thus, the indicator is best used as a weekly signaling device only. The current reading of the indicator can be found on the home page, under Weekly Updates, near the bottom center of the page.

Wilder’s relative strength index. The page discusses the RSI and tunes the parameters for stocks. The best results come from threshold settings of 20 and 80 with 16 day look back for buys and 14 day look back for sales. Review the tests and pick your own settings.