Percent Buy Index Plummets – “Very Negative Implications” Says Top Technician Swenlin

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by Carl Swenlin, President and Founder, DecisionPoint.com The Percent Buy Index (PBI) has reached levels seen only at the bear market lows in 2002-2003 and 2009-2010, and we think it has very negative implications. At Decision Point we apply a medium-term timing model to all the stocks in the S&P 500 Index, and track the percentage […]

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