Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (57520)	10/25/2000 12:55:10 PM
From: Doppler	Read Replies (1) \| Respond to of 63513

Not sure which double bottom you mean. The Oct/May double bottom both had similar RSI's. If you mean the double low on 10/13 and 10/18 then there is a slight bullish divergence with higher lows, but that actually only shows up on the daily chart, those same 2 lows on an hourly chart show a slight negative divergence. I usually look for something a bit more pronounced with that pattern. For example the hourly plot of the Naz shows a MUCH lower RSI yesterday at the high on the 24th vs the high on the 20th. There was no way the Naz could do anything but pull back in the face of that weakness.