Portfolio and risk managers, actuaries, and engineers bringing straightforward and robust trading & investment advice to the public -- and institutions.
Thursday, September 10, 2009
Overbought / Oversold Stock Indicator Shifting to Moderately Short
At current stock market levels, our overbought / oversold stock market indicators are shifting to slightly short. However, with both the long-term models and short-term models long, we will maintain a long stock market bias -- with a "yellow caution flag."
Our overbought/oversold indicators have been in sync with the market quite well lately.