Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: Below is our trading range chart of the S&P 500 over the last year. The white line represents its 50-day moving average, and the light blue shading represents the index's "normal" trading range (one standard deviation above and below the 50-day). Moves into the red zone are considered overbought, while moves into the green zone are considered oversold. Regards, Ted http://www.bespokeinvest.com/thinkbig/2014/11/6/utilities-consumer-staples-both-overbought.html?printerFriendly=true
