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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (16797)	5/5/2002 9:11:21 PM
From: milesofstyles	Read Replies (1) \| Respond to of 26752

months in oversold conditions? using what indicator? put up an rsi 14, a standard, no less and show me anywhere in the last two years its spent more than a month under 30...since 2000, even in sept it spent less than a month below 30 chartwerx.com here's the rsi14 since 2000, sorry i disagree, that its spent "months" in oversold...to say we're not oversold when comparing the rsi over the past 2yrs of the bear mkt in relation to what appears to be a threshold of 27, also seems incorrect. that doesn't mean we should rally or even bounce, but not to call it oversold in relation to its past history seems incorrect to me. milesov