Wednesday, February 10, 2010

Buy On the DOP?! ~ Deepest Oversold Point (Stochastic Oscillator)


.... is THIS really the START of a NEW RALLY??? ... The Slow Stochastic DOP (Deepest Oversold Point) suggests a potential YES, my gut says NO.

watch for the 2 day end of week BULLISH rally, thus creating the BEARISH "flag of frustration" ... trapped under the 50 & 100

hedged in a circle, until further notice.


LONG(s): $NTAP


the PLAN: "get shorter, as we go higher"

p.s. Late Night LED.

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