Desert,
It is just called TurtleSoupSell, TurtleSoupBuy. I learned it from the book "Street Smarts" by Laurence Connors and Linda Raschke. They are supposed to be the legendary traders. The book has nice tricks like RSI(2) etc etc that you see people talk about a lot in other boards. It was an expensive book for a 200 page book. At the time, it was almost a dollar a page. Sucks.
APPL, QQQQ, and NDX, IXIC all have TSS signals now, but like last time we may have to wait till the other indexes to catch up to get a big bang down. Desert, right now I still see uptrend, no down movement yet. Just small pullbacks here and there.
The way I see it if OIH and XLF and NDX all have TSS signals the market will be toasted, then I will borrow to short and vice versa
Today Oil is holding the market up, no shorts
2bit