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To: Perspective who wrote (68746)	3/17/2003 1:13:20 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Then I will never see you go long in a bear market. The narrow averages always lead. Only in wave 3's do all the horses pull together. When RSI makes a higher high on a chart when price does not, it is a bullish divergence. We don't know if that will happen yet. Too early to tell. The other bullish divergence for RSI, my favourite, is when price makes a new low but RSI does not, and that we have seen a few times, most recently on the daily at the October lows. edit: Actually, the march low for Dow/SPX did not make a new RSI low.