William J. O'Neil, RIP

[Rams Fan]

There was a time when IBD would have moved the current outlook to "market in correction" well before today. Nine distribution days on this bull market's leading index, and we're stuck in "uptrend under pressure?"

I would guess that market corrections aren't good for subscription sales?

This is precisely when a paper like IBD is at its most valuable: Corrections are where the next leg ups leaders will first announce themselves as ready to lead.

 

[Rams Fan]

They did bury this comment elsewhere in today's paper. "Paper."

 

[murray t turtle]

There was a time when IBD would have moved the current outlook to "market in correction" well before today. Nine distribution days on this bull market's leading index, and we're stuck in "uptrend under pressure?"

View attachment 321019

This is precisely when a paper like IBD is at its most valuable: Corrections are where the next leg ups leaders will first announce themselves as ready to lead.

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IBD 50 dma is quite helpful , + i use more than that;
even though any IBD info can be helpful.
So i include, but not limit to50dma/200dma.
ONE whole year with [STA]Stock Traders Almanac[by Hirsch] was in honor of WO'N[William O' Neil]

 

[Rams Fan]

IBD 50 dma is quite helpful

When a stock slices its 50 day, I'm out. Many times I've gotten right back in the next day. But many other times its saved me from giving back huge gains.

FWIW, IBD finally caved woith the rest of the market and called it what we've known it to be for at least a week:

 

[murray t turtle]

When a stock slices its 50 day, I'm out. Many times I've gotten right back in the next day. But many other times its saved me from giving back huge gains.

FWIW, IBD finally caved with the rest of the market and called it what we've known it to be for at least a week:

View attachment 321084

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THEY like a 200dma also/ good ;
+ 40 week moving average\ which i dont use.
IF its on their charts i may look @ it LOL............................................................