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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (45813)2/1/2000 7:19:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 94695
 
Agree Bill

it's a very good indicator of over bought/oversold..short term...

we had a good reversal day in the NAZ yesterday...we need a follow thru, or i'm shorting this hard...

many stock's, i follow broke triple bottoms..usually they rally back up to the break, where they can be, and should be shorted from there...

so i am watching this carefully..

the Biotechs and Semis are the sectors that are very overbought..and the banks and financials are very oversold...better risk reward down at the bottom...

good trading....