Wednesday, July 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
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July
(40)
- WTS (Watts Industries, Inc.) to a buy.
- Daily update based on closing prices of 7/28/06.
- MRVL (Marvall Technology Group, Ltd.) looks like a...
- Daily update based on the closing prices of: 7/27/06
- FDP (Fresh Del Monte Produce) to a buy.
- Daily update for 7/26/06 end of day prices.
- WY (Weyerhaeuser Co.) looks like it is bottoming out.
- Daily Update for 7/26/06
- A very late daily update today...
- N (Inco Ltd.) is now at a standard overbought level.
- Daily Update for: 7/24/06
- How low can Rambus go...
- Daily Update Part II for 7/21/06
- Daily Update: 7/21/06
- Here is the rest of the TA work for today.
- BBBY (Bed, Bath & Mondo Beyondo, Inc :) is looking...
- Daily Update: 7/20/06
- ALEX (Alexander & Baldwin, Inc.) is trying to bott...
- Daily Update for: 7/19/06
- HIT (Hitachi Ltd.) may be forming some type of bot...
- Daily Update: 7/18/06
- A possible bottom may be here for PMCS (PMC-Sierra...
- Daily Update for: 7/17/06
- YCC (Yankee Candle Co., Inc.) is looking better here.
- Daily Update: 7/14/06
- NFI (Novastar Financial, Inc.) may be putting in a...
- Daily Update for: 7/13/06
- RHAT (Red Hat, Inc.) is attempting to form a botto...
- Daily Update 7/12/06
- IRF (International Rectifier) is "standard oversol...
- Daily Update 7/11/06
- Daily Update for: 7/10/06
- PLL (Pall Corp.) is trying to bottom out in this a...
- Late posting today because of ISP or Blogger probl...
- SFY (Swift Energy Co.) may be forming some type of...
- Daily Update 7/6/06
- INTU (Intuit) may be forming some type of top here.
- Daily Update 7/5/06
- Is Ford finally bottoming out?
- Daily Update 7/3/06
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July
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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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