Comments on: Is T2108 Already Indicating a Bottom?

By: Michael

Michael — Mon, 30 Jul 2007 13:23:48 +0000

Pat,

I don’t know, I’ve never used a Bloomberg terminal.

By: pat mccarroll

pat mccarroll — Sun, 29 Jul 2007 22:00:00 +0000

Mike, how do I get a plot of T2108 from Bloomberg? Thanks, Pat.

By: Calling The Reversal….. -- Move the Markets

Calling The Reversal….. -- Move the Markets — Sun, 29 Jul 2007 00:35:07 +0000

[...] the past few days, I have been reading more and more, and more posts about how a reversal is just around the next 15-min [...]

By: Deborah

Deborah — Sat, 28 Jul 2007 19:06:04 +0000

Interesting indeed…

I’m choosing to watch…

By: chrisperruna.com » Blog Archive » Absolut Must Read Links: Week in Review

Sat, 28 Jul 2007 14:33:52 +0000

[...] Is T2108 Already Indicating a Bottom?: Aside from the glaring negative divergence in T2108 what really struck me about T2108’s chart is that it’s already below its *magical* 20. As I’ve posted many times before, 20 on T2108 is typically a sign a of a decent bottom and a buy signal. [...]

By: Friday links: deep market thoughts « Abnormal Returns

Friday links: deep market thoughts « Abnormal Returns — Fri, 27 Jul 2007 18:38:27 +0000

[...] Friday links: deep market thoughts 27Jul07 A notable technical indicator hints at a market bottom. (via Trader Mike) [...]

By: downtowntrader

downtowntrader — Fri, 27 Jul 2007 03:32:51 +0000

Hey Mike,
I posted on T2108 a couple of nights ago noting the same thing. I think the rotation into large caps has held the NDX and Dow up, while the broader markets (especially mid and small caps) were slipping into a correction. Hence the divergence with the Indices. Either way, I totally agree that it is unhealthy, although probably a sign of a bounce coming.

Joey

By: Tim

Tim — Fri, 27 Jul 2007 02:57:58 +0000

T2108 reading of 20 or below usually at least leads to a bounce of some type. T2107 still has more room on the downside before it gets below 30 which usually indicates a longer term bottom.

By: Dr. Duru

Dr. Duru — Thu, 26 Jul 2007 22:26:56 +0000

I’m with you Howard.

By: howard lindzon

howard lindzon — Thu, 26 Jul 2007 20:42:47 +0000

you buy financials when blood is on the street and cash flow matters. cant believe people held on to those pigs this long.

i love when you post this stuff. took down some smh calls at $38 tick.

you generally rally or crash from these type of readings. betting on a crash is fun but rather bet on the bounce