SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (43232)1/6/2013 7:17:47 PM
From: robert b furman  Read Replies (2) | Respond to of 218392
 
Hi Vendit,

Your points are well made.

Even with Macd oversold it will take time (days) for Macd to roll over.

I've learned the hard way not to buy into an oversold market going into options expiration on the 19th.

That is uless of course this is a melt up - nah like you say its oversold.

Bob



To: Vendit™ who wrote (43232)1/6/2013 7:28:59 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218392
 
Yes, I agree, but an overbought market can still rally and remain overbought for some time...

Here's a monthly continuation chart of the SP futures... notice how there is one break out higher after another all the way up... I see no reason for it to stop rallying right now... but, I could be wrong...



GZ


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News