Der Bullish Percent Index misst die Anzahl Aktien, welche ein Point & Figure Buy Signal innerhalb eines Index aufweisen. Da der SPX in letzter Zeit wieder stark gestiegen ist gibt es entsprechend viele Kaufsignale. Wird halt viel verwechselt mit der Stimmung der Anleger, ist es aber nicht oder nur indirekt. :greespan:Stimmung extrem bullish :greespan:
The Bullish Percent Index (BPI) is a breadth indicator based on the number of stocks on Point & Figure buy signals within an index. Developed by Abe Cohen in the mid 1950s, the Bullish Percent Index was originally applied to NYSE stocks. Cohen was the first editor of ChartCraft, which later became Investors Intelligence. BPI signals were further refined by Earl Blumenthal in the mid 70's and Mike Burke in the early 80's. Because a stock is either on a P&F buy or sell signal, there is no ambiguity when it comes to P&F charts. This makes BPI a straightforward indicator with clearly defined signals. This article will cover six different Bullish Percent Index signals derived from Point & Figure charts: bull/bear confirmed, bull/bear alerts and bull/bear correction.