OBOSS Market Timing 01/08/16 ‘OBOSS at -3.36’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on January 8th, 2016 by rennvalo

oboss_01_08_16OBOSS indicates the market is historic oversold levels. Look for buying opportunities to take advantage of the upcoming bounce.  If you’re scaling in, get aggressive.  If you’ve been patiently waiting, this is a good time to start buying oversold stocks on your shopping list

OBOSS Market Timing 12/18/15 ‘OBOSS at -2.64’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on December 18th, 2015 by rennvalo

oboss_12_18_15OBOSS is dipping into extreme oversold levels.  OBOSS levels lower than -2.5 is a very good indication of an impending bounce / snap back rally.   If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

OBOSS Market Timing 08/25/15 ‘OBOSS at -4.42’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on August 25th, 2015 by rennvalo


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OBOSS indicates the market is historic oversold levels. Look for buying opportunities to take advantage of the upcoming bounce.  If you’re scaling in, get aggressive.  If you’ve been patiently waiting, this is a good time to start buying oversold stocks on your shopping list

OBOSS Market Timing 08/24/15 ‘OBOSS at -4.99’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on August 24th, 2015 by rennvalo

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OBOSS indicates the market is historic oversold levels. Look for buying opportunities to take advantage of the upcoming bounce.  If you’re scaling in, get aggressive.  If you’ve been patiently waiting, this is a good time to start buying oversold stocks on your shopping list

OBOSS Market Timing 08/21/15 ‘OBOSS at -4.36’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on August 21st, 2015 by rennvalo

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OBOSS indicates the market is at historic oversold levels.

Look for buying opportunities to take advantage of the upcoming bounce.  If you’re scaling in, get aggressive.  If you’ve been patiently waiting, this is a good time to start buying oversold stocks on your shopping list

OBOSS Market Timing 07/08/15 ‘OBOSS at -2.58’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on July 8th, 2015 by rennvalo

oboss_07_08_15OBOSS is dipping further into extreme oversold levels.  OBOSS levels lower than -2.5 is a very good indication of an impending bounce / snap back rally.   If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

OBOSS Market Timing 06/29/15 ‘OBOSS at -3.45’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on June 30th, 2015 by rennvalo

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OBOSS indicates the market is historic oversold levels. Look for buying opportunities to take advantage of the upcoming bounce.  If you’re scaling in, get aggressive.  If you’ve been patiently waiting, this is a good time to start buying oversold stocks on your shopping list

 

OBOSS Market Timing 10/15/14 ‘OBOSS at -2.65’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on October 15th, 2014 by rennvalo

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OBOSS Market Timing 10/13/14 ‘OBOSS at -3.59’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on October 13th, 2014 by rennvalo

OBOSS indicates the market is at historic oversold levels. Look for buying opportunities to take advantage of the upcoming bounce.  If you’re scaling in, get aggressive.  If you’ve been patiently waiting, this is a good time to start buying oversold stocks on your shopping list

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OBOSS Market Timing 08/07/14 ‘OBOSS at -2.54’

Posted in Alerts, Buy Alerts on August 7th, 2014 by rennvalo

OBOSS is dipping further into extreme oversold levels.  OBOSS levels lower than -2.5 is a very good indication of an impending bounce / snap back rally.   If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

OBOSS Market Timing 02/03/14 ‘OBOSS at -2.85’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on February 4th, 2014 by rennvalo

OBOSS is dipping into extreme oversold levels.

OBOSS levels lower than -2.5 is a very good indication of an impending bounce / snap back rally.

If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

OBOSS Market Timing 06/24/13 ‘OBOSS at -2.08’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on June 24th, 2013 by rennvalo

OBOSS is entering extreme oversold levels.

This is the first oversold signal for 2013!  Get your shopping lists ready 🙂

There is still plenty of room for the market to move lower.  OBOSS doesn’t normally get readings lower than -2.5, but in the recent decline in August 2011 it did hit  -3.5 for one day before a snap back rally started.  If you’re scaling in, this is a high risk trade and you must leave yourself lots of buying power as the market moves lower.

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OBOSS Market Timing 11/08/12 ‘OBOSS at -2.97’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on November 8th, 2012 by Renn Valo

OBOSS is dipping further into extreme over sold levels.

OBOSS levels lower then -2.5 is a very good indication of an impending bounce / snap back rally.

If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

 

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OBOSS Market Timing 11/07/12 ‘OBOSS at -2.38’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on November 7th, 2012 by Renn Valo

OBOSS is at extreme over sold levels.

There is always room for the market to move lower, but odds favor a bounce whenever OBOSS gets this over sold.  If you’re waiting on the side lines, this is a good time purchase high quality stocks on your shopping list.  If you’re scaling in, consider getting more aggressive on any major dip lower.  NOTE: Scaling into the market is considered a high risk trade.

It is very unusual to see the market move from neutral to extreme over sold!  While not the most extreme move we’ve seen over the last five years – it’s still one for the history books.

 

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OBOSS Market Timing 05/18/12 ‘OBOSS at -3.08’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on May 18th, 2012 by Renn Valo

OBOSS indicates the market is at historic over sold levels. Look for buying opportunities to take advantage of the up coming bounce.  If you’re scaling in, get aggressive on any sharp move lower.  If you’ve been patiently waiting, this is a good time to start buying over sold stocks on your shopping list.

The S&P 500 is only down a little over 8%, but we are seeing selling pressure as heavy as in the financial crisis of 2008.  If the world isn’t ending, this week’s pull back should prove be a great buying opportunity.

 

OBOSS Market Timing 05/17/12 ‘OBOSS at -3.13’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on May 17th, 2012 by Renn Valo

OBOSS indicates the market is historic over sold levels. Look for buying opportunities to take advantage of the up coming bounce.  If you’ve been patiently waiting, this is a good time to start buying over sold stocks on your shopping list.

 

OBOSS Market Timing 05/15/12 ‘OBOSS at -2.64’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on May 15th, 2012 by Renn Valo

OBOSS is dipping further into extreme over sold levels.  OBOSS levels lower then -2.5 is a very good indication of an impending bounce / snap back rally.   If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

 

OBOSS Market Timing 05/14/12 ‘OBOSS at -2.49’

Posted in Alerts, Buy Alerts, OBOSS Market Timing on May 14th, 2012 by Renn Valo

OBOSS moved into extreme “over sold” territory.

We are looking for buying opportunities in high quality stocks as their prices get discounted.  If you’ve been on the side lines waiting for an opportunity to enter the market, this is a good area to consider getting some exposure to equities as they fall.

There is still room to the downside so scale in slowly.  Whenever OBOSS gets this extreme we expect a snap back rally in the near future.

OBOSS Market Timing 08/10/11 ‘OBOSS at -2.59′

Posted in Alerts, Buy Alerts, OBOSS Market Timing on August 10th, 2011 by Renn Valo

OBOSS closed in extreme over sold territory today.  This move is unprecedented when reviewing the fear, advance decline numbers, and OBOSS.  Investors are throwing equities out (even the best companies) without a second thought.  If history is any guide, buying when everyone is this fearful is a difficult but smart  investment.

OBOSS Market Timing 08/08/11 ‘OBOSS at -3.43′

Posted in Alerts, Buy Alerts, OBOSS Market Timing on August 8th, 2011 by Renn Valo

OBOSS closed at -3.43 which is an all time low for this indicator.  During 2008-2009 -2.5 was the most oversold the market got before a bounce / relief rally.  We are seeing panic in equity markets with very few buyers surpassing the panic in 2008 (when viewed from the A/D line).  U.S. companies are the best run companies in the world and there are few alternatives where we can put money to work and stand to benefit from innovative ideas and ground breaking discoveries.  I am a buyer when OBOSS signals we are in extreme over sold territory.  Today’s action showed signs of capitulation which is the only encouraging thing to say about the price action.  Caution is advised as the market is in a down trend.   Do not use margin for bounce trades against the trend as you could be forced out of the trade before the rally starts.

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OBOSS Market Timing 08/04/11 ‘OBOSS at -2.55′

Posted in Alerts, Buy Alerts, OBOSS Market Timing on August 4th, 2011 by Renn Valo

OBOSS closed at -2.55 which is considered extremely over sold.  This reading correlates to some of the worst days during the 2008-2009 bear market.  We were watching for buying opportunities on TNA between 55-59 today and that range was taken out.  This is why you want to scale in slow if you get an early start (before OBOSS is less then -2.0).  Now that we have a confirmed extreme over sold call on the market, TNA is a buy at this level (54) and lower.  The target snap back rally / relief rally is 72-77.  This is also near the area where TNA initially broke down earlier in the week.  Whenever OBOSS gets this extreme, a relief rally is in the very near future. Since the market is in a down trend it is prudent to take profits as they develop.

We have an official OBOSS buy indication.

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OBOSS Market Timing 6/6/2011 “OBOSS at -2.41″

Posted in Alerts, Buy Alerts, OBOSS Market Timing on June 6th, 2011 by Renn Valo

OBOSS closed at extreme over sold levels today.  This indicates the market is over sold.  Normally we see a rally within a few days of hitting extreme levels.  We could still see some follow through to the downside taking us to -2.50, but within a short time we should see a relief rally.

If you’re buying this dip (with high quality stocks), keep in mind that this cycle up may just be a relief rally and we will have to see how strong it is in relation to the current trend before getting more aggressive to the up side.  SPY’s 50 day MA is leaning down (slightly) – mostly it is flat.  SPY is trading under the 50 MA so caution is advised and excessive risk taking should be avoided.  Overall the market is in a large trading range and we are now near the lower end of that range.

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OBOSS Market Timing 3/16/2011 “OBOSS at -2.30″

Posted in Alerts, Buy Alerts, OBOSS Market Timing on March 16th, 2011 by Renn Valo

BOSS closed at -2.3 which is a signal the market is severely over sold. OBOSS is signaling that a bounce is very likely tomorrow or in the very near future. We have not gone from an over bought condition to an extremely over sold condition this quick since the financial crisis in 2008. This signal comes at a time when the up trend is questionable. The 10 and 20 day moving averages on the S&P 500 are moving down and now the 50 day looks like it might start declining soon.  The price of the S&P500 is below it’s 50 day moving average as well.

This is a good time to review your portfolio for any stocks that are not high quality and re balance by selling the risky positions and using that buying power to scale into higher quality stocks.  In other words… if you’re holding lotto plays, sell them now and use the cash to buy something of value asap.  After we get the bounce higher it will be a good time to review the market overall.  If the S&P 500′s 50 day moving average is moving down after the bounce, you might consider increasing the amount of cash in the portfolio.  If you are on margin, it is time to close it out.

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