- Yi: +8.5
- Anything posted here may be off base.
Thursday, December 2, 2010
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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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2010
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December
(15)
- T.A. update for the open, December 29, 2010.
- T.A. update for late in the day, December 21, 2010.
- T.A. update for the open, December 17, 2010.
- T.A. update for the open, December 16, 2010.
- Late day update, December 15, 2010.
- T.A. update for the open, December 14, 2010.
- T.A. update for the open, December 13, 2010.
- Yi for today's open: +9.75
- T.A. update for the open, December 9, 2010.
- T.A. update for the open, December 8, 2010.
- T.A. update for December 7, 2010.
- T.A. update for December 6, 2010.
- T.A. update for late in the trading day, December ...
- T.A. update for the open, December 2, 2010.
- T.A. update for the open, December 1, 2010.
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December
(15)
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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