Tuesday, August 26, 2008

08.26.08 - Ruler Flat Adjusted Tick

So far Trin and A-D line are positive, though price is really going nowhere fast -- putting out stops on select positions. Oil is pulling back in spite of the storm noise.

Two birthdays in the Pietsch household this week, here is a shoutout to my big boy Luke!


Have you voted in the reader poll to the right? It's just for fun to stimulate some interaction here, but do weigh in! I'll be keeping that open until at least thirty responses are logged. And please leave your comments on this post.

11:42AM PST UPDATE: Obvious deterioration. The 52-Week New Highs was probably the first tell.

1:00PM PST UPDATE: Relatively strong put buying into the closing strength. Adjusted Tick, the turnaround tell (and AD Line), just went green again.

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