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September 4, 2008 Recap: Not Yet Oversold
Article posted from Trader Mike (http://tradermike.net/2008/09/september_4_2008_recap_not_yet_oversold/)
Trader Mike (http://tradermike.net/2008/09/september_4_2008_recap_not_yet_oversold/)
After I covered all of my shorts today I was convinced that I should take tomorrow off and not press my luck. That’s because so many stocks seem oversold after all this week’s selling. I was also seeing things like the QQQQ breaking its July low, the SOX breaking to a new 5+ [...]
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