http://en.wikipedia.org/wiki/Commodity_Channel_Index Traders and investors use the Commodity Channel Index to help identify price reversals, price extremes and trend strength. As with most indicators, the CCI should be used in conjunction with other aspects of technical analysis. CCI fits into the momentum category of oscillators. In addition to momentum, volume indicators and the price chart may also influence a technical assessment. It is often used for detecting divergences from price trends as an overbought/oversold indicator, and to draw patterns on it and trade according to those patterns. In this respect, it is similar to bollinger bands, but is presented as an indicator rather than as overbought/oversold levels.
badgnoome again? this guy wont go away. what a clown. hey bad, lets go back to the basics of your expertise. its best to educate those not yet indoctrinated every now and then so they understand what kind of idiots theyre talking to with all the bold predictions.
i like to see so much negativity on a board... usually means we are headed higher ;)
talk to u on the 29th when TSRA is trading up 10-20% ;)
like COHU,ISLN,AEIS and all other companies involved Semis... TSRA is in the sweetest spot of the market ;) and we already knows a guidance raise is coming... would hate to be on the opposite side of this trade :)