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Pastimes : Signs of a bottom?
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To: Sam Citron who wrote (1)10/15/2008 12:33:26 PM
From: Sam Citron2 Recommendations  Read Replies (1) of 26
 
SPX monthly RSI < 30



Since the S&P 500 was formed in 1928, its monthly relative-strength indicator has dropped below 30 on just four occasions: the 1929 lows, the 1973 lows, the 2002 lows and this week. We like those odds as entry points for long positions.

Ritholtz: Ten Bullish Charts, Signals and Indicators
10/14/08 - 02:00 PM EDT Realmoney
thestreet.com
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