Look at the Bollinger Bands on this chart of the S&P 500 futures. They are absolutely flat, and have been for two weeks! The Bollinger Squeeze indicator in the bottom panel shows the red dots indicator of insufficient volatility to trade. This is the reason why many investors are sitting on the sidelines, waiting for stocks to get off dead center. Meanwhile, commodities continue to perform well.
Thursday, February 21, 2008
Stocks Dead Flat for Weeks!
