Why I love Overbought and Oversold Conditions
Read the full article: http://www.thegearedinvestor.com/overbought_oversold.shtml
There are times when you start rubbing your hands together and stare at the computer screen with a sinister look. If I had a handlebar mustache I would be twirling it at the corners. Whether you trade stocks or foreign currency, this week has created overbought and oversold conditions for everyone. I personally love the forex markets for the volatility that gives me trading opportunities. And I never take the power of leverage and how it can giveth (and taketh away).
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