Friday, January 12, 2007
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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.
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2007
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January
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- DELL is trying to bottom out here.
- Based on the close of 1-30-07.
- Based on the close of 1-29-07.
- CLF seems a might bit toppy here, I'll garentee ya...
- Based on the close of 1-26-07.
- AA looking toppy.
- Based on the close of 1-25-07.
- GRZ is trying to bottom out.
- Based on the close of 1-24-07.
- RMBS is trying to bottom out again.
- Based on the 1-23-07 close.
- SGP looks toppy.
- Based on the close of 1-22-07.
- Based on the 1-19-07 close.
- BBBY looks a bit toppy here.
- Based on the 1/18/06 close.
- MOT looks like a buy.
- Based on the 1/17/07 close.
- SEE the toppy pattern here?
- Based on the 1-16-07 close.
- EMC looks toppy.
- Based on the 1/11/07 close.
- Based on the 1/10/07 close.
- HPQ seems a bit toppy here...
- Based on the 1/9/07 close.
- CDE is trying to bottom out.
- Based on the 1/8/07 close.
- Based on the 1/5/07 close.
- NTES is a bit overbought here.
- Based on the 1/4/07 close.
- IIT looks a bit toppy here.
- Based on the 1/3/07 close.
- OCR is trying to bottom out.
- Happy New Year! Here are the S&O's based on the cl...
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January
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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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