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Strategies & Market Trends : P&S and STO Death Blow's

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To: ajtj99 who wrote (18778)12/7/2002 1:22:27 AM
From: Jeffrey S. Lillie  Read Replies (2) of 30712
 
did you notice on the chart in post i am responding to, that the rsi stopped at the place it is right now in this period last year? other than that period, when whe rsi is above 70 for at least 3 weeks, then drops below 70, it is going to sub 30 with some milling around 50 for a few days. The similarities to that period are numerous. I wonder if its by design or just coincidence. we will have to be on guard for a run to the recent highs. Especially with PPT back on the case.
j
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