Indeed, this indicator is continuing to give a buy signal.
The model thus indicated that inflation was accelerating, and it issued a buy signal for gold.
We got a buy signal on April 28 and we've been in the market ever since.
Although the indicator has never given a bad buy signal, there was one period when its performance was far from perfect.
By the end of that year, when the buy signal was given, the Dow was back to 786.
For that reason, these transactions are often discounted as buy signals.
He said another year or 18 months of weakness was possible before the bulk of investors believe the buy signals.
Then during the day he checks into the buy signals generated by the model.
But in this current run of market mania, even corruption appears to be a buy signal.
This is only the second time it has given a buy signal at a level that was significantly higher than the previous sell signal.