Portfolio and risk managers, actuaries, and engineers bringing straightforward and robust trading & investment advice to the public -- and institutions.
Wednesday, May 26, 2010
Stock System Update
During the recent stock market volatility, our long-term stock systems have remained long. Our intermediate overbought/oversold have been slightly "long" through the turbulence -- and they are now moving to a medium to strong long position.
Volatility and scary drops have returned for now -- but the computer systems are giving a green light. We moved back down to the area of the "Flash Crash" and there looks like there is solid support in the 1050-1060 area on the S&P.