YI: -3.5
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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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August
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- Update for August 29, 2008.
- Update for August 28, 2008.
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- Update for August 25, 2008.
- Update for August 22, 2008.
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- Update for August 20, 2008.
- Update for August 19, 2008.
- Update for August 18, 2008.
- Update based on the closing prices of 8/14/2008.
- Update based on the closing prices of August 13, 2...
- Update based on the close of August 12, 2008.
- Update based on the close of August 11, 2008.
- Update based on the August 8, 2008 EOD prices.
- Update based on the close of August 7, 2008.
- Update based on the close of August 6, 2008.
- Update based on the August 5, 2008 close.
- Update based on the August 4, 2008 close.
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- Update based on the close of July 31, 2008.
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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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