7.06.2009

SOME NUMBERS


Markets seem to have found temporary bottom at the SMA 200 on the SPX at 887- all the other significant moving averages to the North.


Other indicators look to be on the oversold side of the the ledger as follows:


RSI (2) levels as follows:


SPX 8;

DJIA 12;

NAZ 8;

NDX 6;


Even the VIX is a little bit over bought with a level of 30.4 and about 9% North of its SMA 10.


This fish looking to get long on the next dip for a quick flip for now.

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