Buying/short covering frenzy hits the markets. YM pretty much tags 100% projection March and frankly, with the 5 day moving average 130 points below and the 10 day almost 300 points lower, you have to wonder who is chasing this. Also noting that BPINDU (bullish percentage index) hit 90, about as high as it ever gets and exactly where we were at the February top. I think the markets are going higher, i.e. COMP 2640, but we can't keep doing this in a straight line. It's unhealthy.
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on Wednesday, April 25, 2007 at 4/25/2007 04:36:00 PM.
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4/25/07 9:20 PMMarc,
Where can I get the ISEE number?
Thanks,
Richard
4/25/07 10:23 PM
http://www.iseoptions.com/marketplace/statistics/sentiment_index.asp
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