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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: chartseer who wrote (32620)5/23/2012 12:26:16 PM
From: GROUND ZERO™  Read Replies (1) of 218848
 
If this is truly a bear market, then it can remain "oversold" for a long time and still move lower... "oversold" is only meaningful in a bull market uptrend, not so reliable in a bear market down trend...

Nice link, by the way, excellent articles and great reading all across the board, thanks for posting it...

GZ
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