What To Look At When Looking For an Oversold Bounce
- Posted by Frank Zorrilla
- on November 14th, 2012
All the signs were there:
P.S; the above mentioned breadth indicators only give you actionable levels every 3 to 6 months, so if you track them like I do on a daily basis it will be futile, but in times like today its well worth it.
Another Possible Scenario from @MKTANTHROPOLOGY http://www.marketanthropology.com/2012/11/riskreward.html
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
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