Friday, May 12, 2006
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For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
Blog Archive
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2006
(531)
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May
(44)
- MFLX (Multi-Fineline Electronix, Inc.) looks inter...
- Daily Update 5/31/06
- MDC (MDC Holdings Inc.) looks like a buy at this p...
- Daily Update for: 5/30/06
- PMCS (PMC-Sierra, Inc.) looks like a buy here.
- Daily Update 5/26/06
- AMAT (Applied Materials, Inc.) is possibly bottomi...
- Daily Update 5/25/06
- RMBS (Rambus Inc.) is trying to form some type of ...
- Daily Update 5/24/06
- RGLD (Royal Gold, Inc.) looks like a buy.
- Daily Update 5/23/06
- CREE (Cree, Inc.) is trying to bottom out in this ...
- FDP (Fresh Del Monte Produce) after suffering for ...
- Daily Update for 5/22/06
- GNSS (Genesis Microchip Inc) is trying to form a b...
- Daily Update 5/19/06
- STX (Seagate Technology Holdings, Inc.) is trying ...
- Daily Update 5/18/06
- ELN (Elan Corp. PLC) is a wee bit overbought now.
- Daily Update 5/17/06
- Well... Almost everything has to bottom out sooner...
- Daily Update for 5/16/06
- PLT (Plantronics, Inc.) is desperately trying to b...
- Daily Update for 5/15/06
- I think this "snapshot" of TIE (Titanium Metals Co...
- Daily Update 5/12/06
- ABX (Barrick Gold Corp.) looks a bit toppy here...
- Daily Update 5/11/06
- XMSR (XM Satellite Radio Holdings, Inc.) is trying...
- Daily Update 5/10/06
- Blogger would not let me upload the daily update f...
- Daily Update 5/9/06
- Daily Update 5/8/06
- IFN (India Fund, Inc.) seems to be topping out in ...
- Daily Update 5/5/06
- MDC (M D C Holdings, Inc.) looks like a buy at thi...
- Daily Update 5/4/06
- JCP (Penney, JC Inc.) looks like a sell in this area.
- Daily Update 5/3/06
- The US Dollar Index is now extremely oversold.
- Daily Update 5/2/06
- DELL (Dell Inc.) may be forming a bottom in this a...
- Daily Update 5/1/06
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May
(44)
Current Moon Phase
About the ancient spirit:
- Yogi Zuna
- Older than the great pyramid and "catface" on Mars... been in the market since 1980.
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