T2108 Update – September 26, 2010 (A “Typical” Oversold Period Ends)
(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: 24% (ends last oversold period at 2 days) VIX Status: 39 General (Short-term) Trading Call: Conservative traders … Read more