The Final Word On The Coppock Guide

The final word on the Coppock Guide should go to MarketWatch.com's Mark Hulbert. He has written two articles on the subject over the past month that were brought to my attention by a blog reader.

Hulbert states:

The bottom line? Don't get seduced into believing that the Coppock Guide has some magical ability to identify new bull markets. Yes, a buy signal from the indicator would suggest that the market's trend has shifted. But, as history has amply illustrated, that trend could quickly reverse course.

The articles can be found by clicking on these links: "Your Guide To The Coppock Guide" and "June Is An Important Month".