Comments on: Lowry’s Buying Power Index nudges record 1933 low http://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/ Prieur du Plessis’s international investment blog Sun, 29 Jan 2012 22:06:48 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Nicholas Rowehttp://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/comment-page-1/#comment-14284 Nicholas Rowe Sat, 25 Jul 2009 21:00:58 +0000 http://www.investmentpostcards.com/?p=8700#comment-14284 Please accept my apologies just re-read the article, you did say that the low in the indicators numbers were in February of 1933. February was the low point for the Dow that year and if you were alive and bought that month you were a very happy investor. So it looks like at times this indicator gives a very good contrary signal that should indicate a great time to buy. Please accept my apologies just re-read the article, you did say that the low in the indicators numbers were in February of 1933. February was the low point for the Dow that year and if you were alive and bought that month you were a very happy investor. So it looks like at times this indicator gives a very good contrary signal that should indicate a great time to buy.

]]> By: Nicholas Rowehttp://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/comment-page-1/#comment-14282 Nicholas Rowe Sat, 25 Jul 2009 20:51:10 +0000 http://www.investmentpostcards.com/?p=8700#comment-14282 Please note that the DOW bottomed in 1933. That same year from its bottom of 49.68 (a higher bottom than the bottom put in the year before) it topped at 110.53 just 5 months later (about a 122% return). So, one has to wonder if at times this indicator is a contrary indicator. With out the data or method to recreate the data it is impossible to know. However the fact that it is being touted as bearish makes me wonder just when the numbers in the article were hit. After the DOW hit 110.53 that year it pulled back to 83.57 so if the numbers in the article were hit around the 110 area we need to be worried about a pullback but if those numbers were hit before that time when the DOW was in the 49 area… well that would be a good thing. There is not enough data in the article to make a good decision. Oh yeah, that was a bottoming process and the DOW went up right into 1937 and ended that run just shy of 200.00… again it makes me wonder if at times this is a contrary indicator. Please note that the DOW bottomed in 1933. That same year from its bottom of 49.68 (a higher bottom than the bottom put in the year before) it topped at 110.53 just 5 months later (about a 122% return). So, one has to wonder if at times this indicator is a contrary indicator. With out the data or method to recreate the data it is impossible to know. However the fact that it is being touted as bearish makes me wonder just when the numbers in the article were hit. After the DOW hit 110.53 that year it pulled back to 83.57 so if the numbers in the article were hit around the 110 area we need to be worried about a pullback but if those numbers were hit before that time when the DOW was in the 49 area… well that would be a good thing. There is not enough data in the article to make a good decision. Oh yeah, that was a bottoming process and the DOW went up right into 1937 and ended that run just shy of 200.00… again it makes me wonder if at times this is a contrary indicator.

]]> By: Prieur du Plessishttp://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/comment-page-1/#comment-14016 Prieur du Plessis Thu, 16 Jul 2009 17:35:08 +0000 http://www.investmentpostcards.com/?p=8700#comment-14016 Cheapy: The Buying Power Index and Selling Pressure Index are measures of demand and supply, taking both volume and points movements into account. The indices are not published in the public domain and are only available on a subscription basis from www.lowryresearch.com. Cheapy: The Buying Power Index and Selling Pressure Index are measures of demand and supply, taking both volume and points movements into account. The indices are not published in the public domain and are only available on a subscription basis from http://www.lowryresearch.com.

]]> By: Eber Terasteinhttp://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/comment-page-1/#comment-14014 Eber Terastein Thu, 16 Jul 2009 14:49:06 +0000 http://www.investmentpostcards.com/?p=8700#comment-14014 The Lowry indicator is partially based on Up and Down volumes. As it is surfacing now, a lot of the volume in the market these days seems to be related to high frequency trading, with little connection to real net buying or selling. I suspect that volume based indicators have lost a lot of their predictive power. But this is a guess, no way to actually proving it. The Lowry indicator is partially based on Up and Down volumes. As it is surfacing now, a lot of the volume in the market these days seems to be related to high frequency trading, with little connection to real net buying or selling. I suspect that volume based indicators have lost a lot of their predictive power. But this is a guess, no way to actually proving it.

]]> By: Erichttp://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/comment-page-1/#comment-14012 Eric Thu, 16 Jul 2009 13:16:49 +0000 http://www.investmentpostcards.com/?p=8700#comment-14012 A contrary view of Lowrys "all time low" buy measure is that it comes as the market has been consolidating. Any move to the upside could be explosive, to say the least.The Coppock Guide turned up at the end of May...a very bullish signal. Coppock false signals are rare but one did occur in late 2001. A contrary view of Lowrys “all time low” buy measure is that it comes as the market has been consolidating. Any move to the upside could be explosive, to say the least.

The Coppock Guide turned up at the end of May…a very bullish signal. Coppock false signals are rare but one did occur in late 2001.

]]> By: cheapyhttp://www.investmentpostcards.com/2009/07/15/lowry%e2%80%99s-buying-power-index-nudges-record-1933-low/comment-page-1/#comment-13988 cheapy Wed, 15 Jul 2009 17:45:27 +0000 http://www.investmentpostcards.com/?p=8700#comment-13988 What comprises the index and where is the historical data published? What comprises the index and where is the historical data published?

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