Signals

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.

Wednesday, March 14, 2007

PEG is extremely overbought now in my opinion, even though the technical indicators do not seem to indicate so..

Yogi Zuna at 3/14/2007 09:19:00 AM

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Yogi Zuna
Older than the great pyramid and "catface" on Mars... been in the market since 1980.
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