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To: Jock Hutchinson who wrote (25579)3/21/2003 5:12:57 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
Your calculations mean nothing. Of the last ten years, 7 were in a manic bull-market and the next 3 were the beginning of the ensuing (and ongoing) secular bear-market. Just look at oversold and overbought conditions and MACD and other technical indicators and trade this thing, if you can. It makes no sense to say that according to some formula, this one should be at a minimum of such and such value.