Replies to post #58415 on Zeev's Turnips Patch-No Politics (ZEEV)

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hamvestor
you wrote
Larry, eyeballing a chart of the QQQ, it looks to be bottoming (at least for the time being) and the RSI has turned up. Any thoughts?


answer:
(1)I do not predict the future.(g)
(2)As of yesterday's $BPCOMPQ readings, both QQQ and
$BPCOMPQ are in down trends, since dec 2, 2004.
(3)The RSI(14), like any thing with a moving number,
can start up in error.IMHO.
(4)See chart on my web site.

Larry Dudash
http://www.geocities.com/larrydudash2002/index.html