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Why I sold today.


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#1 Rogerdodger

Rogerdodger

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Posted 17 April 2007 - 08:01 PM

Looking at the BB penetration on SPX, it just looked like a pause was due and not much more gains till then.
Sentimentrader.com is a bit bullish but no extremes.
All other measures are overbought on these 3 systems:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55108568751&a=94546561&r=186.png

PS: Vote for Tulsa's MELINDA on American Idol!
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Edited by Rogerdodger, 17 April 2007 - 10:47 PM.