Saturday, November 17, 2007

Are we going for rebound next week?

Last two posts I've been mentioning investment specialty like inverse ETF and mutual funds. But it doesn't mean that I am turning to short investing. I am still bullish and recent sell-off have seen as a buying opportunity.
First don't fight the FED. Technically speaking we have oversold RSI 14. Bollinger Put Volume Indicator eclipses August highs with 1.78 reading. Historically speaking, strong second half on November. And also end year rally ahead with January effect.


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