Sunday, June 6, 2010

Separating Bull and Bear Markets Using RSI

2 comments:

Matthew M said...

Hi

i know you are a vivid reader of xTrends and a poster....

what are your thoughts on Atilla's recent comments about a 'crash' in coming days then a bounce.....

Stewie said...

HI matt,

Unless you have a crystal ball, it's almost impossible to predict crashes. As of now, i am still leaning towards lower prices as the rallies have failed to impress. Most bearish phases end in climax selloffs which could resemble "crashes". BEst thing to do right now is to continue to play defense. Trying to call picks bottoms is very dangerous here.

Blog Archive