On 11/21 I noted that we had a ITBM Sell, but that it "backed into" the signal only marginally and on trivial weakness. I thought it a fade.
"When any indicator (especially those that are easily quantified and put into models) "backs into" a Sell, it's usually a fade. I think that "the Boyz" wait for these opportunities to bag the noobs and the less experienced/skilled modelers and "bot" designers."
That was 40 some points ago.