Saturday, May 9, 2009

Offense/Defense ratio

As promised, here is a chart and caption lifted from Friday's Quick Takes Pro. You can take it from here.

Offense/defense ratio – This is tech and cyclicals over health and staples. A possible change in trend here and that implies a change in market trend, too. Note how it was falling during the bear and rising since March.

Data as of Thursday's close. The ratio was lower a tad on Friday.

2 comments:

MrWave4 said...

Thank you for the 2 excellent columns (in Barron's) on the work of Boris Simonder's Offence/Defence ratio. I have learnt a lot about TA by reading your column.

Quick Takes Pro said...

thank your for the kind words. Visit www.quicktakespro.com/education.html for some book ideas.