Overbought Indicators flip to slightly bearish 12/2/10

With the S&P reaching new recent highs in the 1220 area, our overbought / oversold stock market indicators are flipping to slightly-bearish from a moderately-strong bullish signal. Our long-term indicators remain strongly bullish. Both indicators have followed the market higher, with the intermediate-term overbought/oversold indicators flipping to bullish on 10/25, when the S&P was 1185.

The long-term models remain strongly bullish, having ridden the current market from the 1148 level, when the model went long on 9/24 -- to the current levels of 1220.

Please keep an eye on this blog, as well as our SeekingAlpha.com page, and Twitter -- for updated information on our stock market indicators, managed futures, commodities, and trading strategies.

http://z-trader.blogspot.com/

http://seekingalpha.com/author/carlton-chin-cfa

http://twitter.com/#!/z_trader

Stock Indicator Update; Twitter 11/17/10

Earlier today, we "Twitted" about our stock market indicators changing. Note that we will always post changes to our long-term or intermediate-term overbought/oversold indicators on our blog or Twitter.

In particular, our oversold indicators turned fully bullish after a modest long position posted several weeks ago. This is interesting because many analysts believe that the market is "turning over" to the downside.

Our long-term stock market indicators remain fully long as well. These indicators have been long as the market rallied to recent highs.

Check out our blog and/or Twitter for stock market indicator updates -- as well as information on other markets such as futures and commodities.

Quick Twit: have you signed up for our Twitter?

16 July 345pm - With today's drop, our indicators remain neutral. The overbought / sold indicators will remain bearish for a few more days.

Our twitter is: z_trader (underscore).

If signals don't change, we may only do a Quick Twitter. If models flash a change in signals, we will normally make a blog post.

Have a good weekend.

Hope our Tweet helped investors avoid Tuesday's drop

On Monday, near the close, we tweeted about our Intermediate-term models turning neutral to slightly bearish. We are still long, but "took our foot off of the gas." Note that our intermediate models look like they may turn bullish again in a few days (depending on market action, of course).

If you want to follow our Twitter, note that we are "z_trader"

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26Apr 340pm: Intermed-term stock signals turn neutral to slightly bearish; overall stock position is moderately bullish due to LT signal.3:39 PM Apr 26th via web___________________________