The New CS Board

[ahimsak]

A classic sellling climax, at the end of a big decline, is:

twice as many declining issues as advancing on nyse.

trin over 2

cboe put call ratio over 1.3, and equity over 1.

We got two of them yesterday, but sometimes when you get a selling climax at beginning of decline, says a bigger decline is coming.


I need to stop trading for awhile, which is the best idea when I seem to not be making smart moves.

BTW, the high tick on tuesday's close was a great sell signal.