This series of posts just cracked me up...in the last 24 hrs, Yogi's famous index would have you buy, then sell, then buy, then maybe sell, then maybe buy, buy, buy!!...whew!, I'm getting a headache...good thing Yogi closes each of his posts with the following: "Any of the above signals or opinions MAY be in error"...well, at least he's accurate this time!:
o The OEX hourly has met a bit of resistance at 3pm, which is threatening to halt or slow down it's advance
o The OEX went to another sell signal under whipsaw conditions at 2pm, but this looks like another false signal so far.
o The hourly OEX system went to a sell signal at the close yesterday, but this signal may be a false one.
o the OEX sell signal at the close yesterday was premature, and it went back to a buy signal at 10am. |
