Replies to post #328670 on Zeev's Turnips Patch-No Politics (ZEEV)

[TREND1]

All stocks in SMH do not go the same way.
Look at BRCM_30
(1)GREEN = RSI(6)=80
(2)BLUE= RSI(6)=50
(3)Red = RSI(6)=20
It seems like you wait for a dip below BLUE=RSI(6)=50
and BUY for next run up

[Killian]

So Zeev--- you think more upside tomorrow in the market because of the MSFT infusion of money?

K

[lemming]

Zeev,

Today was a breakdown day for all 3 major indices.

Distribution count (major distribution in []):

NASDAQ: 5 ( [11/19], 11/23, 11/29, 11/30, [12/7] )
S&P 500: 6 ( [11/19], 11/23, 11/29, 11/30, 12/2, [12/7] )
DJIA: 6 ( [11/19], 11/23, 11/29, 11/30, 12/2, [12/7] )

-David