Thursday, December 12, 2013

12 Dec 2013

 Long term remains very overbought and lagging previous values.
 Medium term not yet oversold.  Declining quickly.
Short term broke previous low.  This is normally not a good sign.  However, we're nearly oversold.

As a predominantly bearish blog, I've begun to wonder if my readership falling off is a contrarian signal.  This fall off despite me identifying EVERY good buying point the last three years with my medium term indicator.

1 comment:

  1. Don’t fret, stick with the program you are doing a good job. All the various Cassandra’s out there are doubted but in the end I am sure you will be proved right and the majority of those who have lost faith in reality will pay. Sadly along with many of those of us who have not.