Click on the above link for a fairly simple explanation of how we got into the current financial crisis.
Friday, October 24, 2008
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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.
Blog Archive
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2008
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October
(45)
- Update for Oct. 31, 2008.
- Update for Oct.30, 2008.
- Update Oct. 29, 2008.
- Update for Oct. 28, 2008.
- Update for Oct. 27, 2008.
- It's the Economy Stupid!
- T.A. Update for Oct. 24, 2008.
- A fairly simple explanation of how we got into the...
- The ratings agencies let us down.
- Lee Iacocca gives em' hell!
- T.A. Update for Oct. 23, 2008.
- T.A. Update for Oct. 22, 2008.
- T.A. Update for Oct. 21, 2008.
- T.A. Update for Oct. 20, 2008.
- T.A. Update for Oct. 17, 2008.
- T.A. Update for Oct. 16, 2008.
- How this bear market compares to others so far.
- T.A. Update for Oct. 15, 2008.
- T.A. Update for Oct. 14, 2008.
- The Nausea Express
- They're Stealing from You and Me.
- New Stock Market Terms
- T.A. Update for Oct. 13, 2008.
- Banana Republic
- T.A. Update for Oct. 10, 2008.
- Bull gets Blue Balls!
- T.A. Update for 10/9/2008.
- "How to Ruin the US Economy"
- "Edge of the Abyss"
- Blood in the Streets. T.A. update for 10/8/2008.
- Hypocrites?
- T.A. Update for Oct. 7, 2008.
- Another good cluster you-know-what read.
- T.A. update for Oct. 6, 2008.
- How the S.E.C. changed the game in 2004.
- T.A. update for Oct. 3, 2008.
- The "wingnuts" strike again.
- More insane behavior, suspending mark-to-market ac...
- VIX extremes.
- More B.S.
- Andrew J. Bacevich tells it like it is.
- Wow, what a bust!
- T.A. update for Oct. 2, 2008.
- This is another good read by Jim Kunstler.
- T.A. update for October 1, 2008.
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October
(45)
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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