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HGNSI at 37.9% as of Sept 23


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#21 beta

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    lasergirl

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Posted 24 September 2008 - 05:50 PM

was 27.9 a week or so ago


BTW, 37.9% is still a relatively low reading, based on historical extremes. So whatever correction is coming will likely be a pullback before we see higher prices.


Actually, looking at data back to 1997, low was abt -30, 4/15/05 High 89 2/15/02
Lowest we got on this dip 6.4, after such a big haircut we didnt even go negative......maybe it goes higher but I think we need to get negative before any meaningful rally


interesting -- do you have an HGNSI chart ? I looked around but unable to find one, only articles. TIA.
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