I am reposting this message. Hopefully it will help us longs sleep easier. I took the first part of the vto play and in fact still am holding my IWM. Good luck all.
Posted by: jstri In reply to: None Date:2/7/2006 4:09:14 PM Post #of 30433
Panic RSI buy signal
RSI 4 of NDX fell under 15 today. Since 1996, there have been 15 ( I stated 15 in my last signal update (http://www.investorshub.com/boards/read_msg.asp?) but it should have said "14" ) gains, no losses when held until RSI > 51. Price must be above 200 MA...