Tactical musings, technical timing indicators and risk management strategies
Friday, May 14, 2010
You Know It's Bad
when you see the NYAD at this level. Today started out at .13 and immediately dropped to .10 where it's been stuck all day. This is the level we typically associate in conjunction with catasophic events and occurs less than 2% of the time. No hiding place today although the Rotator came through with TLT and NEM.