52 week high/lows
Just like Warren Buffett
I read somewhere, and following up to my argument, you must observe markets daily.
And as you do you can keep track of the weekly 52 week high/ lows
No formulas, etc
And you would be acting like Warren Buffett, why?
That’s why he said in an interview.
52 week highs/lows show exagerrated movees and the hope is a low will become a high
A good place (rather hard to find) is
https://www.barrons.com/market-data/market-lab?mod=md_subnav#weekly-new-high-low-totals
I still like and remember doing it Sundays with the newsprint of Barrons but print it out and highight the amount of highs/ lows you know
It’s smarter than creating a strategy around it for the layment
Remember a well written post on Substack is 2400 words this is much less
Enjoy,
Eric


