Thursday, January 22, 2009
Markets Oversold But...
Technical indicators suggests the markets are, without a doubt oversold, but that doesn’t mean that they can’t get more oversold. Note: The following chart legend: blue line - 10-Day/Week MA, green line - 20-Day/Week MA, red line - 41-Day/Week MA, pink line - 200-Day/Week MA, and Bollinger bands surround the stock and indexes’ price movements. .
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