BBH 2000-2014
50% drop in early 2000 in first
decline after super-advance.
Bottom made only after IP21>0
and CP broke its downtrend.
Then 60% recovery.
2001 shows importance of watching
for head/shoulders patterns.
2002's bottom made only after
IP21>0 and CP broke its downtrend
2003 - New Bull market brings 50%
advance in BBH.
2004 - Trend-Breaks in CP coupled
with IP21<0 show BBH is no longer rising.
2005 - bottom made only after
IP21>0 and CP broke its downtrend
2006 show simportance of CP trend
reinforced by 65-dma trend.
2007 shows importance of watching
for head/shoulders patterns.
2008 note importance of significant
bullish CP divergences and then price breakout.
Ultimately,
collapsing general market brought down even BBH.
2009 Upwards Trend-Breaks in CP
coupled with IP21> show BBH will advance.
2013 Lengthy period during which CP
lags prices. The breaking of the
65-dma
coupled with negative IP21 is very bearish.
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