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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 43.75+4.6%4:00 PM EST

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To: catflu2™ who wrote (30196)3/17/2008 2:10:42 PM
From: Chip McVickar  Read Replies (2) of 206819
 
Yes, I know.... straight rsi is out-to-lunch for picking turns except when yu get back to back 2.00s

My work with rsi sought to smooth it out by applying ratios to smaverages.

the result have proven effective - signalling the formation of significant lows as in - 10/02/2002 - 3/10/03 - 8/12/04 - and again near 8/08/08 -- these were all really deep deep spikes

think we'll see the morning gap closed to day...?
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