3.07.2006

THE STARS SET


The signs of a bounce seem to be all aligned as the 2 day RSI on the SPY gets under 10 and all the Volatility indexes are at or above 110% of their 10 day SMA. Even another indicator I use, a short term moving average of the net adv/dec lines is showing oversold. So scaling in for a short term flip seems like the correct move here.

1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

Outstanding views

1:24 PM  

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