Recent market sell off reaches deep oversold condition. . .

The market is due for more upside.  We can’t know what will happen in Japan but we can know that the stock market has reacted sharply enough to reach a statistically significant oversold condition that would typically signal proximity of a reversal.    Jeb Terry, Sr. Mar. 17, 2011

Source: See chart and comments at Bespoke Investment Group (here).

Aberdeen Investment Management – a guide service for micro-cap technology investment. 

Leave a Reply

Your email address will not be published. Required fields are marked *