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S&P 500
5,460.48
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-0.41%
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US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
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Brent Oil
84.85
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0.00%
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Bitcoin
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0.69%
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Namiar

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Namiar

Re: Gizmo post# 33578

Saturday, 07/22/2006 12:42:33 PM

Saturday, July 22, 2006 12:42:33 PM

Post# of 37180
Hi Giz,

It was a tough decision to move to cash. Sometimes I wish I were back in the days of following models blindly.

The SOX looks like it has entered a freefall period. When this happens to individual stocks, stay away. When it happens to indexes, it likely always represents a buy opp.

And I am going up against the NDX RSI5 strategy, which has dipped under 30.

But any down action of a half percent or more will likely get my models into a scalp.
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