The two biggest indicators that I always see misused are the VIX and Put/Call Ratio
The Total P/C 21-SMA has had a steady uptrend since the March 00 highs
stockcharts.com[r,a]dhcayiay[d19991128,20021205][pb200!c200!d20,2!f][vc60][iLl14!Lb14!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J8542640,Y]&pref=G
Same with the Vix 21-SMA
stockcharts.com[r,a]dhcayiay[d20000303,20021205][pb21!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J8688689,Y]&pref=G
Also you see a lot of gold finger pointers. Too many look at absolute values and not the trend in relative terms.....
stockcharts.com[r,a]dhcayiay[d19991128,20021205][pb200!c200!d20,2!f][vc60][iLl14!Lb14!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J8542640,Y]&pref=G
We are at a important junction within a lot of these trends. They may have to get Maria on morning, noon, and night to reverse some of these trends! <g> |
