By Josh Hayes on November 28, 2007
Stocks put in quite an impressive oversold rally today that had many people talking of a bottom. However, is this a real bottom or just an oversold rally that will lead to another selloff? First, it pays to look at the sentiment indicators to see if we had any fear out there. If we did, [...]
Posted in default category | Tagged bottom, indicators, Oversold, selloff |
By Josh Hayes on November 26, 2007
The selling we saw on Wednesday continued today, after a slight one day oversold bounce. The bounce we had on Friday was on a half day and was on no volume so obviously the selling today can’t be too surprising to trend followers as it was very clear the low volume rally would probably not [...]
Posted in default category | Tagged bottom, bull, selloff |
