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S&P 500
5,127.79
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1.26%
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US TECH 100
17,446.00
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2.17%
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Dow Jones
38,675.68
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1.18%
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0.00%
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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: khenal post# 454870

Friday, 02/03/2006 7:52:46 PM

Friday, February 03, 2006 7:52:46 PM

Post# of 704019
And as expected, VTO just issued a buy signal with the NDX 5 days RSI reaching 20....what is surprising is how little technical damage is inflicted on the market despite that reading. If it was not for the fact that the "general"'s BP (NDX, SPX, OEX and INDU), are all still under their 14 dma, I would have removed my bear suit today with that low rsi, but it seems that we may still have to suffer through February after a mild bounce from that VTO buy signal.

AZH

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