Wednesday, January 7, 2009

Trading RM Oscillator 01/08/09

We have seen a slight uptick (low of 17.84 on December 31,2008 to present reading of 24.92) in our Trading RM Oscillator.  However we are coming off the holiday period - historically slow for short term traders.  So our oscillator has told us that the opportunities have slightly upticked compared to the last two weeks of 2008. Which still leaves us with an environment where we are best served by trading less, booking winners when we have them, and focusing on selection and timing. 

We will continue to monitor and post updates to our oscillator.   You can view the Trading RM Oscillator by registering at www.tradingrm.com.  For an explanation of the Trading RM Oscillator check previous blog posts


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