728x90 Leaderboard Advertisement Space


Advertising on Insights is good for you.

Tuesday, April 17, 2012

Extremes, Divergences, and Art of Independent Thinking

Extreme readings (green circles) followed by positive divergences in breadth and/trend energy relative to price generate bullish signals.  If the financial media, also known as the dog and pony show, has been interviewing long-term bears every thirty minutes, it's usually time to buy. 

Chart: NYSE Composite Average


-------------------------------------


Insights is intended to reflect excellence in effort and content. Donations will help maintain this goal and defray the operational costs. Paypal, a leading provider of secure online money transfers, will handle the donations.Thank you for your contribution