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Strategies & Market Trends : Bullish Percent and VXN type indicators

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To: Steve Lee who wrote (114)10/24/2002 10:56:02 PM
From: Michael  Read Replies (2) of 119
 
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.

You and me both bro <g>

Do you have a link to Les's post on that. i would like to read it. Tried to search but didn't find anything.

Rgds

Mike
BTW where did you get the VXN 55 rule. Is that something you identified yourself, or is there some site which has this kind of indicator discussion.
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