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Creating Coin with Scott Bleier

Scott Bleier
Read Scott here on iBankCoin and also at http://www.createcapital.com/
Joined Jan 19, 2010
717 Blog Posts

Get used to the extremes…

Scott Bleier Tue Jun 15, 2010 9:43pm EST 1 Comment

In the past year the markets have consistantly moved to extreme readings on both the up and the downside. There have been more up and down 90% days this year than in the previous several. Technical indicators that have reliably worked in the past no longer work.

This HFT environment simply ignores all historic precident of what is overbought and oversold. That’s not to say they never work, I’m simply saying they only work once we get well past any historic norm.

Welcome to the “Follow the Leader Market”. Get used to it. It will go on until it no longer does.

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One comment

  1. Wall$treetKid
    Wall$treetKid
    June 16, 2010 at 3:08 pm

    Great stuff Scott.. I read your posts everyday.. Getting ready to try the sample trial on Create Capital..

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