Friday, September 29, 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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September
(40)
- YHOO (Yahoo!, Inc.) may be in a bottoming phase at...
- S&O's for the 9/28/06 close.
- YCC (Yankee Candle Co., Inc.) may be in the proces...
- S&O's based on the closing prices of 9/27/06
- S&O's based on the closing prices of 9/27/06
- COP (ConocoPhillips) is trying to put in a bottom.
- S&O's for the close of 9/26/06
- AU (Anglogold Ashanti Ltd.) may be in the process ...
- S&O's for the close of 9/25/06
- "Skinny Man" :^)
- Light crude is nicely oversold now.
- S&O's based on the closing prices of 9/22/06
- ERF (Enerplus Energy Fund) is trying to bottom out...
- S&O's based on the closing prices of 9/21/06
- PHI (Philippine Long Distance Telephone) seems to ...
- S&O's based on the closing prices of 9/19/06
- MCRS (Micros Sys Inc.) may be topping out here.
- S&O's based on the closing prices of 9/18/06
- AEM (Agnico Eagle Mines Ltd.) is trying to bottom ...
- S&O's based on the closing prices of 9/15/06
- THQI (THQ, Inc.) may be in the process of forming ...
- S&O's based on the closing prices of 9/14/06
- F (Ford Motor Co.) may be topping out at least tem...
- S&O's based on the closing prices of 9/13/06
- AIG (American International Group, Inc.) may be on...
- S&O's based on the closing prices of 9/12/06
- STX (Seagate Technology Holdings, Inc.) now trying...
- S&O's based on the closing prices of 9/11/06
- FTO (Fronteir Oil Corp.) is trying to bottom out i...
- S&O's based on the closing prices of 9-8-06
- MDC (MDC Holdings Inc.) is trying to bottom out at...
- S&O's based on the closing prices of 9/7/06
- Blogger would not let me get through today, so her...
- ENR (Energizer Holdings Inc.) looks a bit toppy at...
- S's & O's based on the closing prices of 9/5/06
- Bush warns on foreign oil dependence...
- CBK (Christopher & Banks) is trying to bottom out ...
- S's & O's based on the closing prices of 9/1/06
- Possible top here for MU (Micron Technology, Inc.)
- S's & O's based on the closing prices of 8/31/06
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September
(40)
Current Moon Phase
About the ancient spirit:
- Yogi Zuna
- Older than the great pyramid and "catface" on Mars... been in the market since 1980.
2 comments:
I agree. I bought YHOO at $25 a couple of days ago. Was short before, from above $29. Good luck!
I held off buying some so far, but may be tempted to try an initial position today or tomorrow.
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