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Strategies & Market Trends : Bullish Percent and VXN type indicators
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To: Michael who wrote (113)10/24/2002 3:13:01 PM
From: Steve Lee  Read Replies (1) of 119
 
I tend to concentrate on the 10 SMAs too but Les recently noted that he finds the 21's more useful.

And yes overbought can get more overbought, as I have found recently with some shorts that are underwater! Shoulda waited for VXN to confirm by waiting for below 55 at least.
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