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美股:an explanation for my move today

2009-02-27 02:18阅读:
Well, I have 3 computers here, but only one I use to load up charts for my blog, but this one does not work appropriately today, and it does not allow me to load pictures up lately. So I have to talk, and not let the chart talk.

The main reason why I am out of my longs is that CPC is way too low once again. A low CPC does not always mean a sell-off coming, the market can rally with a low CPC reading. You got to use CPC with NYADV together. Here is how to use a combination of CPC & NYADV.
1) Low CPC + Low NYADV: the market CAN rally.
2) Low CPC + High NYAVD: the market will sell off. And the sell-off can go on for a while.
3) Low CPC + Mid NYAVD: the market can go either way with a high % chance of going down. And the sell-off may only last a couple of days, then back up again.


Where are we now? We are in the 3rd condition today. Check your chart yourself.

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