Portfolio and risk managers, actuaries, and engineers bringing straightforward and robust trading & investment advice to the public -- and institutions.
Wednesday, October 28, 2009
Bullish Stock Market Indicators
Our overbought/oversold stock market indicators went from neutral to bullish. Our long-term indicators are also bullish. No indicator is infallible -- but we make special note of these trading signals -- especially at this "scary" junction in the stock market.
We'll look to Short-term market direction to help us size our position -- especially after this morning's early "gap fade" (long bias since market opened lower) tendency dies down.