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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (33643)	8/18/2001 11:09:11 AM
From: j g cordes	Read Replies (1) \| Respond to of 68434

Relative strength is just an out of norm indicator.. RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods. What might be more helpful is to identify an occilator within the semi RSI universe.. for example the number of oversolds/overboughts. Or, since none of us can hope to buy all the semi stocks, isolate those that are continuing in an uptrend, holding on large volume, making volume reversals, or rising through a moving average.