Sunday, August 29, 2010
Sunday, August 22, 2010
Sunday, August 15, 2010
The market is still bearish, as seen by the red bar color.
It is now touching the 50 day average.
Google has turned bearish..red color bar.
Apple is already bearish.
As you can see in Apple chart, it is very choppy and so gives fake buy and sell signals. DreamTai does not work very well for choppy stocks.
One way to get round this is to use a longer time frame.
I am still doing research for handling choppy markets.
Wednesday, August 11, 2010
Today, DreamTai gave a SELL signal for the Dow Jones Industrial average.
So, the market is no longer bullish.
So far, the new version of DreamTai (version 5.02.014 under testing) has been doing great in tracking the market trend. I am looking forward to release it by September end.