Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (17877)	9/3/2003 1:18:54 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Based off the 5 day RSI Index - triple and quadruple levels are measurements I use inside the bands as they get to greater and greater extremes both on overbought and oversold levels. I have racked up huge gains in 2003 with this simple tool along with Rydex sentiment analysis. I had a few occasional whipsaws anticipating the trend change and an August vacation where I went flat taking another minor loss. One of the gurus mentioned in my thread header has been toasted since late June by failing to prioritize the significance of the 5 day RSI and instead getting creamed b/c of his obsession with a Bradley turn which has obviously inverted. Best, JT