Leading Indices At Bull Market Peaks by Tim Hayes
ARTICLE SYNOPSIS ...Leading Indices At Bull Market Peaks
by Tim Hayes
So which indices do you think most reliably lead the market? To find out, STOCKS & COMMODITIES
contributor Tim Hayes, who was also interviewed in the August 1991 issue, examined 14 indicators for
their market forecasting ability, beginning early in the 20th century. The indicators that he studied
ranged far in variety and included the categories of economics, market breadth and interest rates. Of the
14, two were judged to have performed the best in leading the market within these categories. What were
they? Keep reading.
Confirmation and div...