RR&A Trading Call
A few charts showing the state of sentiment, and other technical factors.
On Tuesday, we made a Bullish trading call for RR&A subscribers -- it was based on technicals and sentiment (since we launched Ritholtz Research & Analytics, I've had to move the trading calls off of the blog; it keeps the lawyers sane and the regulators happy).
Have a look at the 4 charts in question:
>
Percentage of NYSE stocks over 200 day moving average
click for larger graphs
Put Call Ratio
Big NYSE Volume Spike on Sell off
>
None of this changes the longer-term perspective, or the views on the second half of the year; Rather, it recognizes the washed out condition and potential for a 3-6 week counter-trend rally.
>
Thursday, June 15, 2006 | 06:09 AM | Permalink
| Comments (27)
| TrackBack (0)
add to de.li.cious |
digg this! |
add to technorati |
email this post

TrackBack
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00d8349868db53ef
Listed below are links to weblogs that reference RR&A Trading Call:
Comments
another good read with some neat charts:
http://www.financialsense.com/Market/wrapup.htm
Posted by: jim reynolds | Jun 15, 2006 8:24:53 AM
The comments to this entry are closed.