NAZ
The Short Term Overbought/Oversold Oscillator is at -339...indicating we are bottoming out...looking for a reversal soon...maybe a day or two?...There is still some room for the 10 Day Volume MA to go down before it reverses...to me that means the NAZ should go no lower than 1880-1890 before we get back on track.
I am getting slaughtered today...the Saddam news screwed me up from a technical standpoint...Anyway, I'm going to hold all positions for now and wait for the reversal.
I will buy LFC at the open tomorrow since I couldn't get any IPO shs.
Best to all...IIC
The Short Term Overbought/Oversold Oscillator is at -339...indicating we are bottoming out...looking for a reversal soon...maybe a day or two?...There is still some room for the 10 Day Volume MA to go down before it reverses...to me that means the NAZ should go no lower than 1880-1890 before we get back on track.
I am getting slaughtered today...the Saddam news screwed me up from a technical standpoint...Anyway, I'm going to hold all positions for now and wait for the reversal.
I will buy LFC at the open tomorrow since I couldn't get any IPO shs.
Best to all...IIC
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