T2108 Update – August 9, 2011 (Finally Some Relief)
(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: 7.5% (Day #4 of the current oversold period). VIX Status: 38. General (Short-term) Trading Call: Finish building … Read more