T2108 Update – August 31, 2011 (Stochastics Stretched Even Further)
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag.) T2108 Status: 33% VIX Status: 32 General (Short-term) Trading Call: Hold (see below for more details). Commentary T2108 had … Read more