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

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To: orkrious who wrote (18811)12/7/2002 5:04:54 PM
From: LTK007  Read Replies (1) of 30712
 
if you look at my chart i think it shows ALL stos below 50 11/11/2002 but the RSI over-ruled, this regards SPX
I am not looking at NDX at the moment but wouldn't be surprised see same thing.
The whole point of the red boxes and red lines on the stos is to demonstrate exactly that the 3 stos being below 50 developed no DBs. In this case the RSI was the ruler.
the same chart as in above link.
stockcharts.com[g,a]daclyyay[pc8!c13!c20!c50!d20,2][vc60][iub14!la12,26,9!lp14,3,3!li5,5!lh10,10][j6480463,y]&listNum=1
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