Comments on: SPY http://www.bearmountainbull.com/home/spy-031710/ Musings on the markets for the individual investor Fri, 10 Sep 2010 20:26:43 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: BMB http://www.bearmountainbull.com/home/spy-031710/comment-page-1/#comment-17510 BMB Wed, 17 Mar 2010 15:14:40 +0000 http://www.bearmountainbull.com/?p=11915#comment-17510 Here's a little historical info on trading SPY RSI2 <a href="http://seekingalpha.com/instablog/389048-tradingtheodds/1769-trading-the-rsi-2-from-1950-to-2009" rel="nofollow">over the past 50-60 years</a>. Here’s a little historical info on trading SPY RSI2 over the past 50-60 years.

]]> By: BMB http://www.bearmountainbull.com/home/spy-031710/comment-page-1/#comment-17509 BMB Wed, 17 Mar 2010 15:06:36 +0000 http://www.bearmountainbull.com/?p=11915#comment-17509 No, I don't have the historical stats. But Bespoke did say this <a href="http://www.bespokeinvest.com/thinkbig/2010/3/16/another-day-another-positive-close-for-spy.html" rel="nofollow">after yesterday's close</a>: "Make that 13 in a row! The S&P 500 tracking ETF (SPY) finished the day up 0.8% today, bringing its current streak of consecutive up days to 13. This is now SPY's longest winning streak since the ETF started trading back in 1993." Maybe Google can help with some <a href="http://www.google.com/search?q=2-day+rsi" rel="nofollow">2-day RSI info</a>. As they always say, overbought conditions aren't a timing mechanism, since "overbought can become more overbought". No, I don’t have the historical stats. But Bespoke did say this after yesterday’s close: “Make that 13 in a row! The S&P 500 tracking ETF (SPY) finished the day up 0.8% today, bringing its current streak of consecutive up days to 13. This is now SPY’s longest winning streak since the ETF started trading back in 1993.”

Maybe Google can help with some 2-day RSI info.

As they always say, overbought conditions aren’t a timing mechanism, since “overbought can become more overbought”.

]]> By: Greg http://www.bearmountainbull.com/home/spy-031710/comment-page-1/#comment-17508 Greg Wed, 17 Mar 2010 14:39:25 +0000 http://www.bearmountainbull.com/?p=11915#comment-17508 Simply amazing that...Cooper says the market is in blow-off mode. Of course where she stops, nobody knows. Do you have any historical stats of these levels of RSI? Any post-pattern behaviors? It seems at this point that all the "smart traders" are dumbfounded at the strength. If that's the case, who the heck is doing all this buying? I'd really like to know this... -Greg Simply amazing that…Cooper says the market is in blow-off mode. Of course where she stops, nobody knows. Do you have any historical stats of these levels of RSI? Any post-pattern behaviors? It seems at this point that all the “smart traders” are dumbfounded at the strength. If that’s the case, who the heck is doing all this buying? I’d really like to know this…

-Greg

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