OBOSS is holding in extreme over sold territory.

We are looking for buying opportunities during heavy selling. Keep an eye out for a major sell off which could indicate capitulation on the part of the sellers.

OBOSS levels lower then -2.5 is a very good indication of an impending bounce / snap back . . . → Read More: OBOSS Market Timing 05/16/12 ‘OBOSS at -2.62′

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 . . . → Read More: OBOSS Market Timing 05/15/12 ‘OBOSS at -2.64′

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 . . . → Read More: OBOSS Market Timing 05/14/12 ‘OBOSS at -2.49′

OBOSS is close to entering extreme over sold levels. We saw a lot of back and forth price action this week. The market appears to be building support at current levels, but normally when OBOSS gets this over sold we do see a close in extreme territory before a major rally. We are . . . → Read More: OBOSS Market Timing 05/11/12 ‘OBOSS at -1.90′

OBOSS recovered slightly from yesterday, but we should still be alert for buying opportunities as the market continues to be over sold.

OBOSS is over sold. There is still plenty of room for the market to move lower. OBOSS doesn’t normally get readings lower then -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 . . . → Read More: OBOSS Market Timing 05/09/12 ‘OBOSS at -1.94′

OBOSS indicates that the market is entering over sold territory. During the trading day OBOSS dipped into over sold territory and recovered to it’s current level of -1.55. We sent out a mid day alert letting everyone know there was a potential buying opportunity for high quality stocks. Considering the market consolidation may . . . → Read More: OBOSS Market Timing 05/08/12 ‘OBOSS at -1.55′

OBOSS is in neutral territory, but close to over sold territory. Caution is advised as OBOSS doesn’t give us a lot of clues while it is within the neutral zone. Normally we review SPY’s 50 day moving average to see if the market is trending up or down and trade accordingly. Considering where . . . → Read More: OBOSS Market Timing 05/07/12 ‘OBOSS at -1.18′

OBOSS is in neutral territory, but close to over sold territory. Caution is advised as OBOSS doesn’t give us a lot of clues while it is within the neutral zone. Normally we review SPY’s 50 day moving average to see if the market is trending up or down and trade accordingly. Considering where . . . → Read More: OBOSS Market Timing 05/04/12 ‘OBOSS at -1.12′

OBOSS is neutral. Caution is advised as OBOSS doesn’t give us a lot of clues while it is within the neutral zone. Normally we review SPY’s 50 day moving average to see if the market is trending up or down and trade accordingly. Take trades with the trend while keeping in mind where . . . → Read More: OBOSS Market Timing 05/03/12 ‘OBOSS at 0.25′