OBOSS Market Timing 07/29/11 'OBOSS at -0.52'

Posted in OBOSS Market Timing on July 29th, 2011 by Renn Valo

After all the back and forth in Washington OBOSS closed the week in neutral territory which indicates that the current trend in the market should stay intact .  Review SPY’s 50 day moving average to see if the market is trending up or down and trade accordingly.  Right now SPY’s 50 day moving average is leaning downwards.

On a side note… the most interesting thing about the week is the market really didn’t trade according to Washington’s press releases.  Hopefully we are entering a healthier market where stock prices fluctuate according to earnings and not the news flow out of Washington.

 

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OBOSS Market Timing 07/27/11 ‘OBOSS at -.04′

Posted in OBOSS Market Timing on July 27th, 2011 by Renn Valo

OBOSS closed today almost exactly on the neutral line.  Considering the market action this week a neutral reading might seems strange, but what this really tells us is the buying and selling are coming in at healthy levels and one side isn’t being over done.  Some people might feel the market is over sold because it is down this week, but according the the propriety algorithm built into OBOSS we are neutral.  Neutral readings don’t give us any edge in the market outside of expecting the current trend to continue.  The trend is leaning down, but isn’t extreme so odds favor lower prices or sideways consolidation.

 

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OBOSS Market Timing 07/26/11 'OBOSS at 1.07'

Posted in OBOSS Market Timing on July 26th, 2011 by Renn Valo

OBOSS indicates that the current trend should stay intact as it is in neutral territory.  Review SPY’s 50 day moving average to see if the market is trending up or down and trade accordingly.

Auto generated message brought to you by the OBOSS Bot

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OBOSS Market Timing 07/25/11 'OBOSS at 1.29'

Posted in OBOSS Market Timing on July 25th, 2011 by Renn Valo

OBOSS indicates that the current trend should stay intact as it is in neutral territory.  Review SPY’s 50 day moving average to see if the market is trending up or down and trade accordingly.

We are watching SPY to see if it can break out above 133 and hold this level as proof that there is support at higher prices.

Auto generated message brought to you by the OBOSS Bot

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OBOSS Market Timing 07/22/11 'OBOSS at 1.64'

Posted in OBOSS Market Timing on July 22nd, 2011 by Renn Valo

OBOSS closed the week out very close to over bought territory.  Let your winning positions run. Keep an eye out for any extreme moves in the market to the upside which might push OBOSS into extreme levels.    Next week should prove interesting as Washington works on the budget ceiling.  Look for some volatility around news releases.  Above all else… Protect profits!

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OBOSS Market Timing 7/15/2011 ‘OBOSS at .40′

Posted in OBOSS Market Timing on July 15th, 2011 by Renn Valo

OBOSS closed the week out in neutral territory.  We are watching SPY to see what trend develops.  Right now SPY is range bound with a mostly flat 50 day moving average.  It is a good time to research new opportunities to implement once the trend is clearer.

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OBOSS Market Timing 7/14/2011 ‘OBOSS at .06′

Posted in OBOSS Market Timing on July 14th, 2011 by Renn Valo

OBOSS closed at .06 which is neutral.  SPY’s 50 day moving average is getting starting to show signs of trending downward.  Caution is advised as we’re not over sold and there isn’t a confirmed trend to follow.

 

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OBOSS Market Timing 7/13/2011 ‘OBOSS at .39′

Posted in OBOSS Market Timing on July 13th, 2011 by Renn Valo

OBOSS closed in neutral territory again today.  The markets are holding up at support and buyers are showing interest in US equities.  The trend is still mostly flat so we don’t have a whole lot to go on at this level.  It appears most market participants are being cautious to moderately bullish.   If you’re buying at this level of support, it is prudent to scale in slowly as you see buying opportunities.

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OBOSS Market Timing 7/12/2011 “OBOSS at .21″

Posted in OBOSS Market Timing on July 12th, 2011 by Renn Valo

OBOSS closed in the neutral zone and the market continues to consolidate.  Today’s market action showed a lot of indecision amount the participants.  We are focused on SPY support levels.  The 50 day moving average is at 131.75 and the next support level is at 130.00.  If these levels fail, I would look for OBOSS to get extremely over sold again for the next best entry point for longs.

 

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OBOSS Market Timing 7/11/2011 “OBOSS at .40″

Posted in OBOSS Market Timing on July 11th, 2011 by Renn Valo

OBOSS closed in neutral territory and SPY touched the 50 day moving average.  The up trend is questionable as the 50 day moving average is flat.   If support holds at the 50 MA, we have a buying opportunity to work with (as we anticipated last week).  In this case, I would look to join buyers as price launches higher off support and avoid buying in hope that buyers will gain control.  The stock market experienced some extreme moves lately. The saying is “volatility comes at turning points”.  Let’s see if support holds.

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OBOSS Market Timing 7/08/2011 “OBOSS at 1.27″

Posted in OBOSS Market Timing on July 8th, 2011 by Renn Valo

OBOSS closed the week at 1.27 which is more or less neutral.  The market consolidated today which brought us back from the edge of being over bought in the short term.  A test of the 50 day moving average would be healthy, but buyers are being very aggressive and taking advantage of any weakness.  The only negative from today’s market action was a potential one day island reversal.  I think this is something to keep in mind when buying weakness.  Scaling in slowly and managing risk are prudent considering the extreme moves of the last month.

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OBOSS Market Timing 7/06/2011 “OBOSS at 1.28″

Posted in OBOSS Market Timing on July 6th, 2011 by Renn Valo

OBOSS closed at 1.28 and the market is consolidating the relief rally by holding current levels.  It would be healthy for the market to pull back and test the 50 day moving averages.  If we move higher without a pull back or increasing volume, SPY will enter over bought territory at 135 and extreme levels at 137  Keeping that in mind… protect profits and look for buying opportunities as the market consolidates the last rally.

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OBOSS Market Timing 7/05/2011 “OBOSS at 1.04″

Posted in OBOSS Market Timing on July 5th, 2011 by Renn Valo

OBOSS closed at 1.04 which is still a neutral indication.  Normally we look for the previous trend to resume whenever OBOSS is neutral, but since we don’t have a short term trend confirmation from the 50 day moving average on SPY – caution is advised.  Protecting profits from the recent rally is top priority right now.  We are watching SPY to see if support will develop around the 50MA.  If we do find support at the 50MA, this should be considered a buying opportunity as the up trend is most likely resuming.  This is a good time to review your shopping list of good quality stocks.

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Market Timing with OBOSS – General Information

Posted in OBOSS INFORMATION on July 5th, 2011 by Renn Valo

OBOSS is a proprietary market timing indicator to signal when indices are over extended. OBOSS numerical readings alert investors that a change in trend is likely.

 

  • An extreme overbought signal warns investors to protect profits until the condition has neutralized. +2.3
  • An extreme oversold condition indicates investors should be building new positions and adding to existing positions. -2.3
  • A neutral condition indicates that the current trend should stay intact. -1 to +1

 

OBOSS gives investors an edge by signaling when it is a good time to enter the market and when it’s important to protect profits.

During a trend OBOSS stands as a reminder to stay with the current trend until an extreme signal has been given.

 

Here is a sample OBOSS indication from June 15th 2011 when the market was declining.

This is one recent example where you could have used OBOSS to make money in the market by buying when OBOSS was hitting extreme levels.

Feel free to post questions about any daily indication.

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OBOSS Market Timing 7/1/2011 “OBOSS at .64″

Posted in OBOSS Market Timing on July 1st, 2011 by Renn Valo

OBOSS closed last week at .64  SPY is trading above the 50 day moving average and the 50MA is flat.  Protecting profits from the recent rally is top priority right now.  We are watching SPY to see if support will develop around the 50MA.  If we do find support at the 50MA, this should be considered a buying opportunity as the up trend is most likely resuming.  This is a good time to review your shopping list of good quality stocks.

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OBOSS Market Timing 6/27/2011 “OBOSS at -1.12″

Posted in OBOSS Market Timing on June 27th, 2011 by Renn Valo

OBOSS closed at -1.12 which still leaves some room to the up side before we get back to neutral.  Since we are no longer in a confirmed up trend, caution is advised once the market reaches equilibrium.  We will review the trend once OBOSS is neutral.  I suspect SPY will be trading near it’s 50 day moving average when OBOSS reaches zero.

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OBOSS Market Timing 6/21/2011 “OBOSS at -.90″

Posted in OBOSS Market Timing on June 21st, 2011 by Renn Valo

OBOSS closed at -.90 which is still slightly over sold, but today’s rally did a lot towards bringing the S&P 500 back to equilibrium.  We still have some room to the upside before we’re back to neutral.

SPY is trading in an area where the sellers have previously defended their positions.  This is the 5th time SPY has tested the 130 zone (see below).  The more times a level is tested the more likely it will break (at least that’s the theory).

What might happen… the sellers jump on SPY’s 130 level again hoping to bring the market down, but I suspect they will be overcome by buyers who have not had a chance to participate in the relief rally.  Below is a chart with a potential of what might happen (look at the green line showing the market moving initially lower and then breaking out to the upside).  Of course, this is all theoretical and we could just as well end up over sold again, but I think the odds favor some support this time around.

If this scenario plays out, it would be very bullish in the short term.

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OBOSS Market Timing 6/17/2011 “OBOSS at -1.87″

Posted in OBOSS Market Timing on June 17th, 2011 by Renn Valo

OBOSS closed the week out over sold.  We are watching to see if support will hold on SPY and waiting for a bounce.

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OBOSS Market Timing 6/16/2011 “OBOSS at -1.95″

Posted in OBOSS Market Timing on June 16th, 2011 by Renn Valo

OBOSS closed at -1.95 and the market is showing some evidence of support at current levels.  We are in a holding pattern waiting for a relief rally.

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OBOSS Market Timing 6/13/2011 “OBOSS at -2.20″

Posted in OBOSS Market Timing on June 13th, 2011 by Renn Valo

OBOSS closed at -2.20 today.  Today’s market action showed indecision. Buyers matched today’s sellers and that brought OBOSS back from the brink.  We are looking for a rally as the buyers over take the sellers.

 

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OBOSS Market Timing 6/7/2011 “OBOSS at -2.24″

Posted in Alerts, OBOSS Market Timing on June 7th, 2011 by Renn Valo

OBOSS is holding at extreme over sold levels.  A bounce started to develop during the day, but lost momentum and failed.  We are waiting for a relief rally to work off this over sold condition.

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OBOSS Market Timing 6/3/2011 “OBOSS at -1.9″

Posted in OBOSS Market Timing on June 3rd, 2011 by Renn Valo

OBOSS closed the week touching the over sold zone.  We tagged -2.0 during the day so we should be looking for a bounce in the near future.  There is still room to the downside as we can get as low as -2.5, but we’re getting close.  Another decline in prices without extremely heavy volume will put this market in solid over sold territory.  When the market gets extremely over sold we look to buy high quality stocks for the bounce.

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OBOSS Market Timing 6/2/2011 “OBOSS at -1.3″

Posted in OBOSS Market Timing on June 2nd, 2011 by Renn Valo

OBOSS closed at -1.3, but we dipped near over sold territory during the day with the OBOSS low being -1.5  Anything less then -2.0 we consider an over sold condition with -2.5 being an extreme level that we can be assured a bounce will following soon afterward.

SPY is getting some support at the current level, but we will have to see if it holds tomorrow.  The trend is neutral and OBOSS is not extreme so at this time we are waiting for the market to confirm which way the consolation will resolve (Up or Down).

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OBOSS Market Timing 5/16/2011 “OBOSS at .39″

Posted in OBOSS Market Timing on May 16th, 2011 by Renn Valo

OBOSS is still neutral while the market consolidates further.  The S&P 500 (SPY) is still holding the up trend on the daily charts, but the intermediate charts are more neutral.  We are watching SPY’s 132.50-133 level to act as support.  If SPY breaks lower then this level on a closing basis, we should become more defensive.  At the moment though, we are still in an up trend and buying the dips (scaling into good value stocks).  With OBOSS neutral and SPY zoning in on a recent support level odds favor the longer term up trend will resume shortly.

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OBOSS Market Timing 5/12/2011 “OBOSS at 1.29″

Posted in OBOSS Market Timing on May 12th, 2011 by Renn Valo

OBOSS closed at 1.29 which indicates the up trend is alive.

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OBOSS Market Timing 5/09/2011 “OBOSS at 1.21″

Posted in OBOSS Market Timing on May 9th, 2011 by Renn Valo

OBOSS is 1.21 which is a healthy level for the up trend to resume.

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OBOSS Market Timing 5/05/2011 “OBOSS at .91″

Posted in OBOSS Market Timing on May 5th, 2011 by Renn Valo

OBOSS  entered neutral territory with yesterday’s close of  .91  There is still potential for the market to get over sold, but now that we’re in basically neutral territory (anything between +1 and  -1) we should start looking for the previous up trend to resume.

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OBOSS Market Timing 4/25/2011 “OBOSS at 1.59″

Posted in OBOSS Market Timing on April 25th, 2011 by Renn Valo

OBOSS closed last night (4/25/11) at 1.47 which indicates that the longer term up trend is building momentum.  We will need to keep an eye on OBOSS as it gets over 2.0.  Hopefully you were able to add to good positions and find value stocks to purchase when the market was down.  Now our job is to protect profits as the market moves higher.

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OBOSS Market Timing 4/20/2011 “OBOSS at 1.20″

Posted in OBOSS Market Timing on April 20th, 2011 by Renn Valo

OBOSS closed at 1.2 today which indicates the rally is still alive.   We are now entering levels that gave us trouble before.  Let’s see if the bulls can take the market to a new high.
Today the S&P 500 closed above the 50 day moving average which is bullish. The longer term trend line (200 MA) is still very bullish and the 50 day MA is neutral. Caution is still advised with riskier stocks. This is a good time to review your portfolio and rebalance for high quality growth stocks.  As OBOSS climbs again to higher levels sell rules should be followed to protect profits as they are generated.

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OBOSS Market Timing 4/19/2011 “OBOSS at .19″

Posted in OBOSS Market Timing on April 19th, 2011 by Renn Valo

OBOSS closed the day at a healthy .19 We experienced a dip / buying opportunity on Monday, but in reality it was difficult to buy because Standard & Poor’s cut its ratings outlook to negative for US credit. Hopefully you were able to benefit from the lower stock prices.

With the last few weeks being “OBOSS neutral” we need to review the trend on the S&P 500.

The long term trend for the S&P 500 is currently neutral to up. The 50 day moving average is flat and the 200 day is moving up. It is mildly bullish while the price of the S&P 500 is below the 50 MA which is considered mildly bearish. The market is dead locked in a neutral market reading which doesn’t give us any advantage until we have higher or lower prices to push this level to bullish or bearish. This is common during healthy consolidations, but could also indicate a change in trend is coming.

If the market can move higher then the 50 day tomorrow and hold that level, we will have a more bullish scenario developing. Caution is advised for new stock purchases and higher risk positions should not be taken until we see some evidence the market can reclaim the longer term up trend.

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OBOSS Market Timing 4/15/2011 “OBOSS at .54″

Posted in OBOSS Market Timing on April 15th, 2011 by Renn Valo

OBOSS closed the week at .54 which is a healthy level for the market. Since the trend is still up we should expect the market to push higher until OBOSS gets close to 2.0 That gives us lots of room to the upside for making gains in stocks. We are looking for dips to add to good positions and this is also a good time to buy good quality stocks you find in GeoBargins and GeoSpecials.

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OBOSS Market Timing 4/14/2011 “OBOSS at .21″

Posted in OBOSS Market Timing on April 14th, 2011 by Renn Valo

OBOSS closed at .21 which is neutral, but the market rallied late in the day giving us some indication the up trend alive.  We are watching the S&P 500 to see if it will rally above the 50 day moving average indicating the up trend is resuming.  The moving averages on OBOSS are also pointing higher which points to higher prices in the near future.

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OBOSS Market Timing 4/12/2011 “OBOSS at .17″

Posted in OBOSS Market Timing on April 12th, 2011 by Renn Valo

OBOSS closed at .17 which is a neutral reading. This doesn’t give us a good indication of what the market will do next, but the odds favor the up trend resuming. Look to buy good quality stocks as they are discounted with the anticipation that the up trend will resume shortly.

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OBOSS Market Timing 4/07/2011 “OBOSS at 1.21″

Posted in OBOSS Market Timing on April 7th, 2011 by Renn Valo

Not much has changed. We are still in an up trend buying stocks when they go on sale.

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OBOSS Market Timing 4/6/2011 “OBOSS at 1.19″

Posted in OBOSS Market Timing on April 6th, 2011 by Renn Valo

OBOSS closed today at 1.39, but it tagged 1.51 twice in the last two trading sessions. This indicates to us that OBOSS is working towards the upper end of where we like to see this indicator. If SPY tags 135 in the next two days the S&P 500 will be pushing into over bought territory. With that in mind, use extra caution with margin and make sure you’re following your portfolio sell rules. We are still in a solid up trend and should be buying dips.

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OBOSS Market Timing 4/4/2011 “OBOSS at 1.24″

Posted in OBOSS Market Timing on April 4th, 2011 by Renn Valo

OBOSS closed at 1.24 today.  We have a healthy up trending market.  Buy dips and manage your sell rules during bull markets.

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OBOSS Market Timing 4/1/2011 “OBOSS at 1.23″

Posted in OBOSS Market Timing on April 1st, 2011 by Renn Valo

OBOSS closes a great week at 1.23. The market has been marching higher and OBOSS is still signaling healthy buying and selling. In other words, we are in an up trend and OBOSS does not indicate that we are over bought yet. It is a good time to buy good quality stocks when prices dip.   Review your sell rules and make sure to take some profits as your stocks hit their targets.

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OBOSS Market Timing 3/31/2011 “OBOSS at 1.09″

Posted in OBOSS Market Timing on March 31st, 2011 by Renn Valo

The quarter closes out with OBOSS at healthy levels +(.98) This has been a great quarter to be in the market and I hope everyone made the best of it. We have a neutral reading on OBOSS with a strong up trend in place. We continue to buy good quality stocks while the trend is up.

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OBOSS Market Timing 3/30/2011 “OBOSS at 1.09″

Posted in OBOSS Market Timing on March 30th, 2011 by Renn Valo

OBOSS closed at 1.09 today. The trend is up. Look for high quality stocks found in GeoSpecials and GeoBargins to buy on the dips.

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OBOSS Market Timing 3/29/2011 “OBOSS at .58″

Posted in OBOSS Market Timing on March 29th, 2011 by Renn Valo

OBOSS closed at a healthy .58 as the bull market continues to push higher. The trend is up and we are buying dips when the opportunity arises.

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OBOSS Market Timing 3/28/2011 “OBOSS at .14″

Posted in OBOSS Market Timing on March 28th, 2011 by Renn Valo

OBOSS closed today at .14 which is a healthy  /  neutral indication for the markets.  Providing the absence of any terrible head lines we should see the market build momentum for it’s next move higher and recapture the up trend.  We are in “buy the dip” mode as long as this up trend holds.

 

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OBOSS Market Timing 3/25/2011 “OBOSS at .33″

Posted in OBOSS Market Timing on March 25th, 2011 by Renn Valo

OBOSS closed the week at .33 which means the market is healthy  (buying and selling pressures almost equal).  Hopefully you took advantage of the over sold condition and picked up some good quality stocks during that period as we are up almost 5% from the consolidation low across the board.

.33 does not give us an edge on which way the market will trade so we need to look at the moving averages of the major indexes.  I prefer to use the S&P500 as a bench mark.  SPY is a good ETF to view the price action of the S&P 500.  The good news is as follows…

#1 SPY is trading above it’s 50 MA

#2 SPY’s 50 MA is moving up

#3 SPY’s 5 day MA is moving up and the price of SPY just broke out above the 5 day MA

These three items indicated that the up trend has been salvaged from the last consolidation and the overall price action should head higher.  In other words, the odds favor a move higher from here.  Our next level of resistance on SPY is 133.70 and then again around the previous 52 week high of 134.70  If we break above that level on SPY we should look for the 133.70-134.70 to provide support as the 125 level did during this consolidation.

While we expect higher prices from here there will be dips along the way.  These are considered buying opportunities as long as the market is in a confirmed up trend.  The biggest risk right now is the overall negative headline or new article risk.  The news has been anything but positive and the market has been able to push higher.  Let’s hope it continues on the path of least resistance which is currently higher.  Have a great weekend.

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OBOSS Market Timing 3/24/2011 “OBOSS at .16″

Posted in OBOSS Market Timing on March 24th, 2011 by Renn Valo

OBOSS closed at .16 which is in positive territory.  This is good news.  Tomorrow we will review the indexes and see which way the trend is leaning.

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OBOSS Market Timing 3/23/2011 “OBOSS at -.49″

Posted in OBOSS Market Timing on March 23rd, 2011 by Renn Valo

OBOSS closed at -.49 which is a neutral indication.  Another way of looking at it is the market is balanced with buying and selling. This doesn’t give us much clue to what the next move will be so we want to look at the 50 day moving averages of the major indexes. The price of the S&P 500 is still below the 50 MA, but the good news is we are seeing the 50 day starting to move up again where it was starting to flatten out last week. This indicates that there is a good chance the market will make a push higher. Caution is advised as we’re not out of the woods yet, but things are starting to look a bit more positive overall.  Hopefully you were able to buy some good quality stocks last week during the dip.

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OBOSS Market Timing 3/21/2011 “OBOSS at -.46″

Posted in OBOSS Market Timing on March 21st, 2011 by Renn Valo

OBOSS closed today at -.46 which is a neutral signal.  The market is clearly working off the over sold condition with this recent rally.  At this point OBOSS isn’t giving us an indication on what will happen next.  We will have to take our clues from the market price action.  Our best guess is the previous strong up trend will resume once the consolidation is complete.  That guess is based on… #1  OBOSS became extremely over sold in a primary up trend last week which indicated a strong bounce was eminent.  #2  The market bounced off a strong support area.  #3  The market fell back and tested that support area and continued higher even while the new media was pumping out negative articles.   Once we cross the zero indicator on OBOSS we will revisit the moving averages and take into account what direction the 50 day MA is pointing as well as how far above or below the 50 MA the market is trading.  The odds favor a move higher, but there could be some bumps along the way so use caution, protect the profits you made the last few days, and keep some buying power ready for the dips.

Tomorrow I would expect a little consolidation from this level which would give us a higher low on the S&P 500′s 30 minute chart.

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OBOSS Market Timing 3/18/2011 “OBOSS at -1.42″

Posted in OBOSS Market Timing on March 18th, 2011 by Renn Valo

OBOSS closed the week at -1.42 which is considered an over sold condition. The market is more or less neutral trending on the daily time frame while it is trending lower on the shorter time frames. This along with higher volatility gives us good reason to be cautious. The good news is we bounced from a good level of support this week and it seems like the market is trying to build momentum for a push higher. While we are oversold it is still ok to buy good quality value stocks like you find in Geobargins and Geospecials with the theory that the market will continue higher to reset this over sold condition. The market should return to a balance (OBOSS near zero) at which time we will review the trends to see if raising more cash is the best option. Right now it looks like we are leaning towards a bearish trend, but that could change next week.

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OBOSS Market Timing 3/17/2011 “OBOSS at -1.43″

Posted in OBOSS Market Timing on March 17th, 2011 by Renn Valo

OBOSS recovered a bit from the extreme over sold condition we saw last night. We are still over sold and the market is more or less neutral trending. This doesn’t give us much of an edge, but I expect the over sold condition to get cleared before the next major move up or down. With the market being over sold and the trend being neutral the best thing to do is make sure you have the best quality stocks in your portfolio you can buy. If you see something of value that is deeply discounted, it makes sense to add to that position while we ride the bounce.

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OBOSS Market Timing 3/15/2011 “OBOSS at -1.30″

Posted in OBOSS Market Timing on March 15th, 2011 by Renn Valo

OBOSS closed the day out at -1.3 which is very close to an over sold condition. During the day we touched a -2.2 which indicated the market was very over sold. Normally we only look for end of day readings to calculate how over bought or over sold the market is because the data generated during the day is needed to get the full picture. We are looking for a bounce in the market, but caution is advised as we are in a period of higher volatility. The up trend is still intact, but is getting weaker with every extended sell off.  The good news is we are still seeing buyers step in when the market declines.  Today’s low should be a support level for the market in the event of another sell off.

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OBOSS Market Timing 3/14/2011 “OBOSS at -.50″

Posted in OBOSS Market Timing on March 14th, 2011 by Renn Valo

OBOSS closed today at -.50 which is a neutral signal and hopefully indicates that the longer term trends will soon resume. We need a -1.5 or -2.0 to start getting into over sold territory so continue to shop for high quality value stocks as featured in GeoSpecials and Geobargins. Scale in on purchases saving buying power for down days like today.  Caution is advised as we are experiencing higher levels of volatility.  I would reduce risk by making sure your account is not extended on margin in case the market does continue lower and become over sold.

 

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OBOSS Market Timing 3/11/2011 “OBOSS at 0″

Posted in OBOSS Market Timing on March 11th, 2011 by Renn Valo

OBOSS closed the week at zero which indicates that there is a balance of buying and selling in the markets. The market is technically in an up trend so when the market is balanced we should be buyers of good value stocks as featured in GeoBargins and GeoSpecials. Caution is advised as we have seen a few weeks with increasing volatility.

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OBOSS Market Timing 3/08/2011 “OBOSS at .86″

Posted in OBOSS Market Timing on March 8th, 2011 by Renn Valo

OBOSS continues to hover in this area showing that there is a healthy level of buying and selling in the markets. We are still on the look out for more consolidation, but these are buying opportunities for value stocks like you see in GeoBargins and GeoSpecials.

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OBOSS Market Timing 3/04/2011 “OBOSS at .80″

Posted in OBOSS Market Timing on March 3rd, 2011 by Renn Valo

OBOSS closed the week at .8   This is a healthy level to purchase stocks, but as we mentioned on Thursday not all stocks participated in Thursday’s rally which gives us reason to be cautious.

With OBOSS at .8 consider good value stocks for purchase, but scale in to take advantage of further consolidation and protect current profits by following our sell rules this week.

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OBOSS Market Timing 3/02/2011 “OBOSS at .44″

Posted in OBOSS Market Timing on March 2nd, 2011 by Renn Valo

OBOSS is hovering at levels that indicate healthy buying and selling in our markets. What we are experiencing so far is a time consolidation vs a price consolidation.This is what we were looking for in the “best case scenario” when we saw the market was over extended or over bought last month. Time consolidations can continue for a while without upsetting the current trend. The market continues to be in an up trend so we are purchasing Geo bargains and looking for new value stocks to add to our shopping lists. I like to gradually enter positions (scale in) keeping some buying power for future dips.

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OBOSS Market Timing 3/01/2011 “OBOSS at .33″

Posted in OBOSS Market Timing on March 1st, 2011 by Renn Valo

The market consolidated a little today and OBOSS is at healthy levels for a bull market. What this tells us is we are not over bought or over sold which would indicate that the longer term trends will resume. We are in an uptrend so this is a good time to pull out your shopping list and buy GeoBargins.

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OBOSS Market Timing 2/25/2011 “OBOSS at 1.00″

Posted in OBOSS Market Timing on February 25th, 2011 by Renn Valo

OBOSS closed out the week at 1 which is a very healthy level for a bull market. Hopefully you were able to take advantage of the drop in the market this week using OBOSS. If you purchased some Geo Bargins when OBOSS reset, I know you’re happy with the results :-)
Have a great weekend!

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OBOSS Market Timing 2/22/2011 “OBOSS at .83″

Posted in OBOSS Market Timing on February 22nd, 2011 by Renn Valo

Great news! The over bought condition created by this strong bull market has been reset in one day of price consolidation. We are now at a much healthier level for the market. This is a great time to be buying those stocks on your shopping list.
The market could still consolidate further causing an over sold condition, but that is not normal during very healthy bull markets. This is a very strong bull market and I expect that as OBOSS gravitates towards the zero line we should expect a nice bounce from these levels. We are still in an up trend and this is not a signal to sell short.

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OBOSS Market Timing 2/17/2011 “OBOSS at 1.99″

Posted in OBOSS Market Timing on February 17th, 2011 by Renn Valo

The market continues to rally in a very strong up trend.  OBOSS is still holding in extreme levels, but we have not seen a day that has pushed it to the max level of 2.5  Whenever we hover at these elevated levels it is a good idea to keep a close eye on your portfolio and protect profits. This is one of the longest stretches for OBOSS to be in extended territory without pushing to the +2.5 levels. A +2.5 is an indication that the trend is about to reverse course so as long as we hover here this could go on for a long time. At +2 we still expect to see consolidation days where you will have buying opportunities like earlier this week. The buying opportunities show up and are gone before lunch most afternoons. I believe the early morning consolidation is what keeps OBOSS in check and doesn’t allow it to push higher then it is now. Keep an eye open for consolidation (buying opportunities) and protect your current profits.

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OBOSS Market Timing 2/15/2011 “OBOSS at 1.80″

Posted in OBOSS Market Timing on February 15th, 2011 by Renn Valo

Today we experienced healthy consolidation in the market. Another day like today will reset OBOSS to healthy levels.

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OBOSS Market Timing 2/14/2011 “OBOSS at 2.11″

Posted in Alerts, OBOSS Market Timing on February 14th, 2011 by Renn Valo

Not much to say about today’s action, but we’re still hovering around 2 which means we should see some consolidation this week. Considering how strong this up trend is we should be reviewing stocks that we want to add to our portfolios during the next consolidation. In other words… buy the dip when you see it :-)

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OBOSS Market Timing 2/11/2011 “OBOSS at 2.10″

Posted in Alerts, OBOSS Market Timing on February 11th, 2011 by Renn Valo

It was a great week to be invested in stocks. We had a few good days of healthy consolidation and a few strong rally days. Today pushed OBOSS > 2 again so we will expect next week should bring us some more consolidation to work off the over bought condition, but we are in a healthy bull markets so hopefully it will continue to be a time based consolidation vs. a price pull back.
When OBOSS is greater then 2 we should be protecting profits by watching our portfolios closely for any stocks that are showing weakness. Let your winners run and hopefully we’ll have a good buying opportunity next week to add  more winners to our portfolios.

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OBOSS Market Timing 2/8/2011 “OBOSS at 2.22″

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

OBOSS closed at 2.2 today which is considered an extreme level for this indicator. Enjoy the profits and keep a close eye on your portfolio. Our job at this time is to protect profits and look for buying opportunities. With OBOSS being above 2, I would hold off on new purchases until after the market consolidates. The market will consolidate through time or through price action. A time consolidation could have the market hover near these levels until the over bought condition is worked off. A price consolidation would reset the over bought condition by declining prices.

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OBOSS Market Timing 2/7/2011 “OBOSS at 2.20″

Posted in Alerts, OBOSS Market Timing on February 7th, 2011 by Renn Valo

OBOSS is in red alert territory since it is greater then 2.0 The last reading was 2.2 which is considered an extreme level.

This means we should be protecting profits and taking a close look at our portfolio for any stocks that start to show weakness.This is a good time to let those profits accumulate!! I wouldn’t suggest adding new positions today as you will probably have a better price entry point after this extreme level is “worked off” through consolidation in the near future. I don’t usually worry about intra-day readings as the end of the day is more important, but I wanted to let you know about it because this is the first time we’ve broken 2 since Nov. 2010

EOD update… OBOSS closed at 2.1

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OBOSS Market Timing 2/3/2011 “OBOSS at 1.80″

Posted in OBOSS Market Timing on February 3rd, 2011 by Renn Valo

Not much to say today that wasn’t already mentioned yesterday. Please review yesterday’s video for additional information. We are still at an orange alert level. Here’s the chart.

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OBOSS Market Timing 2/2/2011 “OBOSS at 1.74″

Posted in OBOSS Market Timing on February 2nd, 2011 by Renn Valo

OBOSS is drifting in the upper area of the indicators range. This indicates that we should be actively watching our portfolios and protecting profits. If you’re waiting to buy new shares in a stock, you might get a better price by waiting until OBOSS resets in the middle of the range.

Tonight’s video answers a question received from one of our readers.

[youtube SMuo-hybLvo]

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OBOSS Market Timing 2/1/2011 “OBOSS at 1.89″

Posted in OBOSS Market Timing on February 1st, 2011 by Renn Valo

OBOSS is getting very close to an extreme level.  Read more »

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OBOSS Market Timing 1/26/2011 “OBOSS at 1.60″

Posted in OBOSS Market Timing on January 26th, 2011 by Renn Valo

OBOSS is hovering at 1.6 This level warrants keeping an eye the markets for any extreme move higher. It doesn’t take much to move OBOSS from 1.5 to 2.0 so we will be watching it closely the next few days. The market is in a healthy up trend. The trend should continue until we get extremely over bought signals.

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OBOSS Market Timing 1/20/2011 “OBOSS at 1.30″

Posted in OBOSS Market Timing on January 20th, 2011 by Renn Valo

OBOSS worked off the extreme over bought signal from Monday. We are now at 1.3 which is a healthier level for this indicator. Ideally we want to see levels under 1 during bull markets for good entry points.

What this means is the market is no longer extremely over bought. This is a good time to review current holdings and see how they hold up during this corrective phase in the market.  If you see a position that has not performed well, it may be time to reallocate the funds to a position that is holding up.   It may also be a good time to add shares to existing holdings that are doing well.  The S&P 500′s 50 MA is still climbing higher so we are still in a bull market.  Normally as long as the price is above the 50 MA and the 50MA is moving higher we like to buy good stocks when they go on sale.
Let’s go make some money!!

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OBOSS Market Timing 1/18/2011 “OBOSS at 1.98″

Posted in OBOSS Market Timing on January 18th, 2011 by Renn Valo

Today we have a reading of 1.98 on OBOSS. This reading indicates investors should protect profits and watch individual securities closely for any weakness.

The data in this graph shows two months of indicator data (11/14/2010 – 1/18/2011)

In TSA threat level terms – this would be an ORANGE alert with a good chance it will go to Red very soon.

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OBOSS Market Timing 2/4/2011 “OBOSS at 1.80″

Posted in OBOSS Market Timing on January 4th, 2011 by Renn Valo

The market is still in a healthy up trend. OBOSS is at a high level so protect your current profits – or should I say ENJOY your current profits :-) It was a great week to be in the market!!

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OBOSS overview part II

Posted in OBOSS INFORMATION on January 1st, 2011 by Renn Valo

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