A Dim Light Shines Out Of The Deep Value Investing Cave by Victor Wendl, Wendl Financial, author, The Net Current Asset Value Approach to Stock Investing: A Guide to Purchasing Stocks Trading below Liquidation Value
[schloss]
One tea leaf indicator that is used to get a sense of the future direction of the overall stock market is the number of stocks moving down in price. More stocks are now trading below their 200-day moving average than above it. Some investors might view this negatively, but an increasing number of stocks falling in price is a telling sign that brighter days lie ahead for deep value investors. Falling...

