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Chart of the Week
Posted By Barry Ritholtz On October 13, 2003 @ 3:39 pm In Finance | Comments Disabled
The nearby chart shows that over the past 2 years, the market has gotten overbought and oversold numerous times.
10 Day Moving Average of Advancers vs Decliners (NYSE)
Source: RedTech Research 
Internals remain strong, and suggest that the rally has some room to run. Do note that Nasdaq stocks are closer to overbought levels than NYSE issues . . .
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URLs in this post:
 RedTech Research : http://www.redtechresearch.com/
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