Replies to post #341260 on Zeev's Turnips Patch-No Politics (ZEEV)

[Dances-W-waves]

10/1/98-3/23/99 ....6 months without a NDX 5 day RSI below 30 (VTO buy signal)

We got a 6.2% gain off of that.

4 months from 8/30/01....We had a 3.2% gain from that.

2 3/4 months from 3/31/03...We got a 1.9% move off of that buy signal.

Those were just the gains from selling when the RSI closed above 50. The market may have moved higher still...didn't check that.

All the others were 2 1/2 months or less between buys...

Looking at those time frames, and figuring were over 3 months here without a buy signal, I'm thinking at least a 2% gain from here.

My SWAG!!

Ok..enough of that....too much work.....back to scalping. <g>

[Dr Stoxx]

Is that a long-only strategy?

TIA, TC

[Zeev Hed]

Interesting to note that since 1997, he never got such a low RSI, and the two times he entered the RSI gambit under 20%, the gains were 12.9% and and 6.7% respectively, amongst the highest gains the gambit has yielded over the last seven years.