Just a quick note as we are approaching the open and I’ve much to do... This morning’s gap down is putting some indicators I follow into extreme territorty - suggesting a strong bounce is likely in the next few days. I have developed a tool which attempts to measure the amount of capitualtion occuring in different groups. I will discuss this indicator in greater detail in a future post. Notable is that it is now beginning to hit significant levels in Consumer related stocks. One way to take advantage of this would be to begin [...]
Read More...
[Source: The Money Blogs]
No comments:
Post a Comment