I use a lot of technical indicators and I look for divergences. I look for overbought, oversold conditions to make near term judgements. So I don`t think its just one indicator that I pay attention to. I also pay attention to a lot of different technicians that help me make up my views about the markets. At the same time I would not make a major investment decision based only on technical factors.
If I get an analyst report and it tells me something about a sector or a company and I look up the charts and see that both are attractive then I have higher confidence in making the investment.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.
