Wednesday, February 28, 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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February
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- Poor NFI is all beaten up here...
- It certainly was "Apocalypto" yesterday!
- XLU toppy.
- Based on the closing prices of 2-26-07
- I wonder if CLF is putting in a top here...
- Based on the closing prices of 2-23-07
- SFY may be in the process of bottoming out.
- Based on the closing prices of 2-22-07
- Based on the closing prices of 2-21-07
- EWI may need some type of correction soon.
- Based on the close of 2-20-07
- Based on the close of 2-16-07
- PEG looks like a sell in this area.
- Based on the 2-15-07 close.
- EWD is holding the 28 DMA nicely so far.
- Based on the 2-14-07 close.
- Is NFI finally oversold enough?
- Based on the 2-13-07 close.
- AVP appears toppy here.
- Based on the close of 2-12-07.
- IDU looks a wee bit toppy here.
- Based on the close of 2-9-07.
- DVY looks tired.
- Based on the 2-8-07 close.
- ACF looks a bit toppy here.
- Based on the 2-7-06 close.
- OCR looks a bit toppy here.
- Based on the 2-6-06 close.
- TRE is trying to bottom out.
- Based on the close of 2-5-07.
- SIFY is jumping up here...
- Based on the close of 2-2-07.
- QLGC is trying to bottom out.
- CBK is trying to bottom out.
- Based on the close of 2-1-07.
- AIG is trying to bottom out here.
- Based on the close of 1-31-07.
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February
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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.
2 comments:
NOVASTAR IS HERE TO STAY!!!!!
If NFI goes below 3 bucks, I would start to worry about some form of chapter number... :)
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