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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: skinowski who wrote (2667)12/23/2006 12:13:19 PM
From: Moominoid  Read Replies (3) of 2852
 
The model is now signaling a buy and all indicators are lined up. This shows that the persistent overbought state of the last few months is now really over. Expect a rally here through the new year - maybe up to Jan 4-5 and then a more substantial decline is possible. The older "autoregressive model" also signalled a buy on Friday's close.
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