Steven Leuthold: The April 2009 VLT reading of –38% is the lowest in 71 years

By on June 4, 2009

Steven Leuthold developed the Very Long Term (VLT) Momentum indicator after the Coppock Curve. It is an oscillator that confirms a major bottom rather than predicting it ahead of time. VLT is signaling we hit a major bottom two months ago.

Source:

http://news.morningstar.com/articlenet/article.aspx?postId=2655962
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