Energy is looking OverBought -- SNPIX is looking OverSold

FVDB Energy is looking OverBought -- SNPIX is looking OverSold

Posted by: Salil V Gangal on April 03, 2007 at 09:26:16

Friends,
Energy is looking OverBought -- and -- SNPIX (Short Oil & Gas ProFund) is looking OverSold.
NAV is about to cross lower Bollinger Band and CCI is approaching -200.
Regards,
Salil V Gangal

Read the Follow Ups:

Energy breadth - McClellan / Thrust Salil V Gangal 09:31:31 4/03/07 (3)
- Shorted a liitle of Energy. Bought SNPIX - Short Oil and Gas ProFund (ntip) Salil V Gangal 13:19:36 4/04/07 (2)
  - Shorted a liitle more of Energy. (ntip) Salil V Gangal 13:56:41 4/14/07 (1)
    - And shorted Energy one more time ... bought DUG (ntip) Salil V Gangal 09:28:14 4/16/07 (0)

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