ISEE at 105. The bear side is getting crowded. It can be a momentum indicator, so don't trust it completely as a bottom finding tool. It can get much worse, we had a 63 reading in August. But it is showing a wall of worry which normaly helps bulls. Shorts are still day trades. In fact, it's all day trades these days. link
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on Thursday, February 22, 2007 at 2/22/2007 02:05:00 PM.
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2/22/07 2:17 PMTNX, gapped up at the open, 4.72 yeild and climbing. What a day!
2/22/07 2:32 PM
Yep, and bears are gaining the upper hand as I type.
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