Replies to post #473699 on Zeev's Turnips Patch-No Politics (ZEEV)

[chainik]

Anyway, rsi(5)=15 is a better buy than rsi(5)=90 :)

[pstuartb]

Looks like some RSI(5) values this low over the last few years have been momentum lows that were followed within a week or two by a price low, while some nailed the price low for an IT move.

http://stockcharts.com/h-sc/ui?s=$NDX&p=D&st=2004-01-01&id=p45545902327&a=67895598&a...