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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (1298)10/3/2003 12:40:23 PM
From: Yogizuna  Read Replies (1) | Respond to of 108745
 
>>> It is interesting to see the Big W pattern of CRB index with a >7 year chart. We are at the right handle point. What does this mean? Will you long it if this is a stock chart? <<<

Since I had the CRB Index as "moderately overbought" as of yesterday's close, I would not normally long it at that point... Most of the time, I wait for at least the moderately oversold or plain oversold level before jumping in... About the history of our government, I tend to agree with your views.