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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 (75054)3/25/2007 6:47:27 PM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
Totally different approaches, but I do follow GZ's posts. And I get nervous if he is taking the opposite position :)

My signal this time is very easy to understand though:

stockcharts.com

That stoch crossed over above a level of 80. That's one of my indicators for going short when we are in the overbought range. Of course it can give false signals as in November 2006. But the rest of my indicators qualitatively support taking it this time.