Contrarian Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Contrarian Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jsabelko who wrote (175)	9/16/2006 5:22:12 PM
From: Return to Sender	Read Replies (1) of 4080

Contrarian Investing and When to Sell? For me this can also be when does one sell short? You sell, or sell short, when a stock is overbought. I look for selling opportunities when stocks, sector indices and major indices are overbought and market breadth is weak on an advance. I look to sell when RSI(14) has neared 70. On Friday I shorted the SMH. There are plenty of negative divergences present and the NASDAQ and NDX both had closing doji's with RSI(14) nearing 70 in each case. Take a look at some of the negative divergences present for the SMH: You might also want to check sentiment on stocks or ETF's that you are considering buying or selling. Is there an unsually high amount of puts or calls for your stock. How about current analysts ratings. Schaeffer's does a pretty good job on giving an overview. schaeffersresearch.com RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next