Since the overbought/oversold readings have been working well lately I will point out that we are unlikely to get a good oversold reading until around expiration. We will get a weak oversold reading on Tuesday.
Helene Meisler on RealMoneySilver.com is the expert on this subject and I would highly recommend reading her columns. I have been following her for over a decade and started keeping the stats myself three years ago.
1 comment:
I would agree that she is better than most but not worth paying for 1 article a day.
Besides, you read her and seem to agree/post what she says anyway.
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