iBC Machine Daily Update — 8/6/2008by Danny on August 6th, 2008 at 11:43:37 pm |
The iBCMâ„¢ is BULLISH with two out of three indicators being bullish, though one only by a thread. My Overbought / Oversold Oscillatorâ„¢ is in OVERBOUGHT territory.
Daily Buy/Sell Strengthâ„¢:
- After an explosive day yesterday, today’s Daily Buy Strengthâ„¢ was subdued, though still stronger than selling by 2:1. I would have liked a little more follow-through.
- Fairly broad based buying
- Indices will soon run into the 50-day MA as resistance and given American International Group, Inc. [[AIG]] , I wouldn’t be surprised to see the market trade lower the rest of the week.
- As long as the dip is on low sell-strength, The Machineâ„¢ will say to buy this dip.
- Protect profits from recent run
- Sorry I don’t have any pics
Danny,
Can the Masheen divine whether Becky Quick will be wearing underwear tomorrow morning?
August 6th, 2008 at 11:58:22 pmOne more thing…
“I can’t believe you thought I was that fag junk spread in fly’s post. I hope you now know that he is NOT I, merely a sad imitator. Less verbose for sure. Ethiopian marathon runner? C’mon.”
Ethiopian marathoners are so thin they’re transparent.
August 7th, 2008 at 12:03:29 amsorry.
“Ethiopian marathoners are so thin they’re transparent.”
You are in my good graces now. Welcome.
August 7th, 2008 at 12:07:03 ambecky will be pantyless, but with a bra.
August 7th, 2008 at 12:07:35 amMy right hand and warped yet enormous mind thanks you…
August 7th, 2008 at 12:09:10 amWhat a wonderful machine, bullish while overbought. It’s as if the little bugger would like to be neutral.
Marvelous.
August 7th, 2008 at 12:33:40 amI think neutral would be awful swiss of me
August 7th, 2008 at 4:46:04 am