Price Headley is the founder and chief analyst of BigTrends.com, which provides daily stock and options recommendations and education. Timer Digest recognized Price and BigTrends.com among the Top 10 stock market timers for 2000. Price has been widely quoted by Barron's, CNBC, The Wall Street Journal and USA Today. Price is also the author of the new book, Big Trends in Trading: Strategies to Master Major Market Moves.
Price Headley takes another look at a tool designed to spot potential tops (before pullbacks) in indices, and wonders if the same premise could or should be applied when trying to spot bottoms.
The fact that 2008 is an election year in itself is likely to impact stock values. On average, during the last year of a Presidential term (also the election year), the Dow rises between 11% and 15%.
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