Sign In
Register
Help
Anyone out there follow the Coppock curve? Richard Russell mentioned that it had turned bullish again.
thx
Coppock curve - anybody have an update?
R. Russell mentioned it turned
Rate Topic:
MultiQuote#2
- Group: Guests
Posted 06 May 2003 - 05:51 AM
The Coppock curve of what? The Coppock curve of the SPX bottomed in April 2002, then made a higher low in October 2002 and has been going up, more or less steadily, ever since. Which index is he talking about and how does he define "turned bullish"?
Regards,
Vesselin
Regards,
Vesselin
#3
DrStool 
- Chief of Stock Proctology
-
- Group: Admin
- Posts: 63,572
- Joined: 02-February 01
Posted 06 May 2003 - 06:54 AM
The Coppock curve is nohing more than a very slow lagging triple smoothed oscillator. It's never had to cope with a secular bear market. Many long term oscillators are starting to turn, just because the marekt has been going sideways for so long.
The degree of fear among bears, and hysteria among bulls, with the markets trding either at or just below long term downtrend lines is consistent with a top, not a bottom.
As Oyster says, "Patience."
The degree of fear among bears, and hysteria among bulls, with the markets trding either at or just below long term downtrend lines is consistent with a top, not a bottom.
As Oyster says, "Patience."
#4
cyclist
- Master of Stock Proctology
-
- Group: Members
- Posts: 1,310
- Joined: 28-December 01
Posted 06 May 2003 - 09:25 AM
O.K.
both of you are correct.
I will read the Russell commentary tonight and provide more details. I thought it was some common well understood indicator.
I will do my homework and repost.
thanks for the feedback
both of you are correct.
I will read the Russell commentary tonight and provide more details. I thought it was some common well understood indicator.
I will do my homework and repost.
thanks for the feedback
#5
- Group: Guests
Posted 06 May 2003 - 09:30 AM
cyclist, on May 6 2003, 08:25 AM, said:
I thought it was some common well understood indicator.
Well, it is. But saying just "the Coppock curve turned bullish" is as meaningless as saying "the MACD turned bullish". You have to specify the MACD of what, as well as exactly which of the possible signals this indicator can give you're referring to.
Regards,
Vesselin
#6
Grand Poopercycle
- Master of Stock Proctology
-
- Group: Members
- Posts: 1,168
- Joined: 30-September 02
Posted 06 May 2003 - 11:50 AM
A fellow named Gerald Hoopes used to post occasional updates of a Coppock Curve in the Longwaves site that closed on 3/31, including past secular bear experience-'30's and early/mid-70's. The search was for a 'deep' buy signal as I recall and his last post of it, just before the site closed, indicated no sign, or close to it of a turn up/buy signal.
#9
cyclist
- Master of Stock Proctology
-
- Group: Members
- Posts: 1,310
- Joined: 28-December 01
Posted 07 May 2003 - 08:46 AM
A.M.
Only because I thought I was asking an innocent question and the responses I got make me feel bad.
Instead of "Gee cyclist, that's a question that really needs to be clarified because....." I got "How can you be such an idiot ...."
Normally, I'm thicker skinned but this site has been getting to me lately. Too much venom I suppose and perhaps at the moment I've had my fill.
b.t.w. I liked your last avatar, the new one is not as nice. ;-) Who was that last babe?
Only because I thought I was asking an innocent question and the responses I got make me feel bad.
Instead of "Gee cyclist, that's a question that really needs to be clarified because....." I got "How can you be such an idiot ...."
Normally, I'm thicker skinned but this site has been getting to me lately. Too much venom I suppose and perhaps at the moment I've had my fill.
b.t.w. I liked your last avatar, the new one is not as nice. ;-) Who was that last babe?
#10
- Group: Guests
Posted 07 May 2003 - 08:58 AM
Hey, hey, let's not get touchy here... I was just trying to precise the question, while educating in the process. Nobody is calling you an idiot. I only tried to understand what exactly you were asking, while Doc explained why this indicator doesn't work too well in a secular bear. Peace.
Regards,
Vesselin
Regards,
Vesselin
#12
- Group: Guests
Posted 08 May 2003 - 07:12 AM
AssMaster, on May 6 2003, 10:58 PM, said:
I thought the Coppock was traditionally used on the Dow - at least the original Coppock guy worked on the Dow, as well as Gerald Hoopes.
OK, I ran it on the Dow. Can't post a chart, but, basically, it bottomed in October, has been going steadily up since, until it turned down by the end of April. Going down now, but still close to the levels where it has turned down. Don't see anything bullish in it.
The bullishness was in October. But even then, the level at which it bottomed was only around -4.83. For comparison, it bottomed around -38.83 in July 1933.
Regards,
Vesselin
#13
cyclist
- Master of Stock Proctology
-
- Group: Members
- Posts: 1,310
- Joined: 28-December 01
Posted 08 May 2003 - 08:58 AM
Thanks Vesselin
I guess that was what I was looking for. I don't really follow the Coppock curve and my aim was to attract the interest of those who do for their more knowledgeable (than my) opinion.
Like your work and thanks again
Good trading everyone
I guess that was what I was looking for. I don't really follow the Coppock curve and my aim was to attract the interest of those who do for their more knowledgeable (than my) opinion.
Like your work and thanks again
Good trading everyone
#14 Guest_AssMaster_*
Posted 08 May 2003 - 09:31 AM
cyclist, on May 7 2003, 04:46 AM, said:
A.M.
Only because I thought I was asking an innocent question and the responses I got make me feel bad.
Instead of "Gee cyclist, that's a question that really needs to be clarified because....." I got "How can you be such an idiot ...."
Normally, I'm thicker skinned but this site has been getting to me lately. Too much venom I suppose and perhaps at the moment I've had my fill.
b.t.w. I liked your last avatar, the new one is not as nice. ;-) Who was that last babe?
Only because I thought I was asking an innocent question and the responses I got make me feel bad.
Instead of "Gee cyclist, that's a question that really needs to be clarified because....." I got "How can you be such an idiot ...."
Normally, I'm thicker skinned but this site has been getting to me lately. Too much venom I suppose and perhaps at the moment I've had my fill.
b.t.w. I liked your last avatar, the new one is not as nice. ;-) Who was that last babe?
That was Christine Mendoza. A bit tired of the slutty look, but it will be back. All things go in cycles you know.
Anyway, you know how those technical guy are...no people skills! I myself failed charm school. Extended upswings make bears grouchy.
#15 Guest_BEARDRECH_*
Posted 09 May 2003 - 12:33 AM
bontchev, on May 6 2003, 08:30 AM, said:
Well, it is. But saying just "the Coppock curve turned bullish" is as meaningless as saying "the MACD turned bullish". You have to specify the MACD of what, as well as exactly which of the possible signals this indicator can give you're referring to.
Regards,
Vesselin
Regards,
Vesselin
ves
its like botany:the only way to study it is by the COMPARATIVE method;after thousands of inspections something called INTUITION kicks in and you're there;problem is that some of us dont have enough lifetime years to accomplish the feat, which is why we are so dependent upon guys like you, and ,of course, the dok and etal--thanxalot
bdrech
