T2108 Update – March 19, 2012 (Still Not Overbought)

{3/21 – changed title and link to fix incorrect date and naming format} (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-related trades and other trades are … Read more

Famous Market Technician Gary Smith Uses T2108 Out of Context

I used to follow Gary Smith during the aftermath of the dot-com, tech bubble crash. I always thought of him as a master technician in the stock market. His pieces were only occasionally made available for free through the TheStreet.com and then, after a few years, he “vanished.” I believe he went off to do … Read more

T2108 Update – March 16, 2012 (A Successful Change In Strategy)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 63% VIX Status: 14.5% … Read more

T2108 Update – March 14, 2012 (Surprise #1: Very Large Drop in T2108; Crying Over Apple)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 63% VIX Status: 15.3% … Read more

T2108 Update – March 13, 2012 (A Convincing Breakout But I Am Still A Queasy Bull)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 73% VIX Status: 14.7% … Read more

T2108 Update – March 9, 2012 (Time to Follow Trend As Market Returns to the Edge of Overbought)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 69% VIX Status: 17.1 … Read more

T2108 Update – March 8, 2012 (Bullish comeback)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 65% (up from 57%) … Read more

T2108 Update – March 6, 2012 (Climactic Follow-Through)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 49% (2-month low) VIX … Read more

T2108 Update – March 5, 2012 (The Anti-Climactic End Of An Historic Overbought Period)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 69% (ending 43 days … Read more

T2108 Update – March 2, 2012 (The Plunge That Ends This Historic Overbought Period?)

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 71% (overbought day #42) … Read more