Neurodoc's Blog Posts on People And Picks

Overbought PPO signal expired

Mon, 30 Jan 2012 01:35:58

 
The PPO overbought signal from about 1/13 (tends to be more reliable for oversold) can now be considered expired.  At this point the signal can be considered negated, and with the bullish percent indicator still solidly positive and a probable positive January effect in the making (although 2 trading days to go), I plan entering more long positions this week.  (I am though watching some key bearish engulfing patterns occurring last Thurs, and the January run appears extended)....

Spam police???

Mon, 16 Jan 2012 23:33:51

Is it my imagination, or is this site being overrun by spam?

Sentiment overbought--raising more cash

Fri, 13 Jan 2012 01:07:49

The $CPCE 60/5 PPO now >15 suggesting market overbought by sentiment indicator, short-term.  I'm raising more cash by selling ETF and Z3 or greater stocks in my price/cash flow sales screen.  As long as the bullish percent index remains positive (above the 23 day MA), however, I'm looking at this as temporary and likely will commit new funds on a pullback. ...