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Apple Inc. Message Board

  • buffet_munger buffet_munger Jan 7, 2013 1:52 AM Flag

    Overbought Signal in Asia???


    Overbought Signal
    Japan’s Nikkei 225 Stock Average slipped 0.6 percent, retreating from its biggest first-day gain for any year since 2002 on Jan. 4. The gauge’s 14-day Relative Strength Index (NKY), a measure of trading momentum, reached 83 on Jan. 4. Some investors view a reading above 70 as a sign the market has risen too far, too fast

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