Thanks for the great charts. I know there are several
other indicators Matt looks at too to help see if it's actually a
reversal, or just a bounce. He and Steve were saying
something the other day about buying/cash flow? had to be very low,
way under 100K whenever there's an actual bottom. I
guess everyone is bearish and selling like with capitulation days
in the market. Said the #s only come out once a week or so,
and wasn't quite low enough yet, but after today....
Thanks again for the info and excellent charts on gold, pki.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Volatility Tops/Bottoms?
Make
Posted by charlie on 15th of Aug 2008 at 06:12 am
Thanks for the great charts. I know there are several other indicators Matt looks at too to help see if it's actually a reversal, or just a bounce. He and Steve were saying something the other day about buying/cash flow? had to be very low, way under 100K whenever there's an actual bottom. I guess everyone is bearish and selling like with capitulation days in the market. Said the #s only come out once a week or so, and wasn't quite low enough yet, but after today....
Thanks again for the info and excellent charts on gold, pki.