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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (80317)	8/31/2003 10:43:26 PM
From: At_The_Ask	Read Replies (1) \| Respond to of 209892

They point to the so-called 14-day relative-strength index for the euro-dollar exchange rate, which has held for the past seven days out of six below a reading of 30, a signal that selling of euros has peaked. Traders and analysts use the index to identify possible turning points by calculating the degree to which daily gains outpace daily losses in a given period. I wonder how much money they get paid to come up with stuff like "the rsi is below 30 so therefore the dollar will fall"? I also wonder where do I sign up?