ABX is trying to break above the 65 DMA here, so I will try and wait for a better time to buy.
Tuesday, September 23, 2008
Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
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
-
▼
2008
(314)
-
▼
September
(37)
- T.A. update for Sept. 30, 2008.
- The Ponzi-Plus Plan
- No title
- The Enablers
- T.A. update for Sept. 29, 2008.
- Race To The Bottom
- $700 Billion Is Just A Start.
- Baby Boomer Panic!
- Corruption at Standard & Poor's.
- Fed acted like a "liquidity drug dealer".
- Lopsided paychecks.
- TA update for September 26, 2008.
- Good video with Bill Moyers and Kevin Phillips on ...
- TA update for September 25, 2008.
- TA update for September 24, 2008.
- Good one from Bill Fleckenstein
- ABX is under the "yellow caution" flag here.
- TA update part 2 for September 23, 2008
- TA update part 1 for September 23, 2008.
- T.A. update for September 22, 2008.
- Mentally challenged behavior runs Wall Street thes...
- Update for September 19, 2008.
- Update for September 18, 2008.
- Update Part II for September 17, 2008.
- Update for September 17, 2008.
- Up the creek without a paddle...
- Update for September 15, 2008.
- Update for September 12, 2008.
- Update for September 11, 2008.
- Update
- Update for September 10, 2008.
- Update for September 9, 2008.
- Update for September 8, 2008.
- Update for September 5, 2008.
- Update for September 4, 2008.
- Update for September 3, 2008.
- Update for September 2, 2008.
-
▼
September
(37)
Current Moon Phase
About the ancient spirit:
- Yogi Zuna
- Older than the great pyramid and "catface" on Mars... been in the market since 1980.
No comments:
Post a Comment