T2108 Update – August 4, 2011 (Extremely Oversold, Longer-Term Bearish Signal Confirmed)

(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.) T2108 Status: 13%. VIX Status: 32 General (Short-term) Trading Call: Close most bearish positions. Start building bullish positions. Commentary If you have spent the last nine months feeling like you missed … Read more

T2108 Update: May 23, 2011

(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.) T2108 Status: 41% and Neutral General Trading Call: Hold. Commentary T2108 plunged to 41%, essentially hitting my downside target range of 30-40% when it dipped to 39% and change at one … Read more