Thursday, July 2, 2009

Sell signal comes true

Well, just a few days after that buy signal, on June 29th to be exact, there came another sell signal. It took the form of a Climax High in the Russell 3000 Ishares, symbol IWV. See it here: chart of Russell 3000 ETF

We've been using the Russell 3000 to represent the broad market. It seems to work extremely well for this purpose, throwing off some great signals of late.

It's the default chart in the so-called "quick" stock screener interface. Actually, I'm not quite sure what to do with this page. It seems somehow more comprehend-able at first glance, but isn't near as powerful in the end, as the "deluxe" screener interface. If anybody has any bright ideas please let me know..

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