I've been like a broken record going on about this, but I'm not
understanding how the market can continue with certain stocks never
needing a rest. $NYMO is in the -55 range -- quite oversold,
yet the qqq have barely corrected. Sure, OIH, XLE etc. have
made giant corrections, but not AAPL etc. Normally this type
of fractured market is doomed, but apparently not.
Thoughts?
Fractured market thoughts?
Posted by kalinm on 22nd of Mar 2012 at 12:07 pm
I've been like a broken record going on about this, but I'm not understanding how the market can continue with certain stocks never needing a rest. $NYMO is in the -55 range -- quite oversold, yet the qqq have barely corrected. Sure, OIH, XLE etc. have made giant corrections, but not AAPL etc. Normally this type of fractured market is doomed, but apparently not. Thoughts?
you are thinking too much
Posted by matt on 22nd of Mar 2012 at 12:32 pm
you are thinking too much and over complicating it. Just follow the respective charts and settings you like and don't rack your brain over thinking it
"There's always a bull market
Posted by smoothy on 22nd of Mar 2012 at 12:28 pm
"There's always a bull market somewhere"...wait...did I actually say that? Well, it's true...