isee, any credibility?

Discussion in 'Trading' started by staffpro, Apr 23, 2010.

  1. can anyone else remember a time when we had a record reading on the isee of 7xx a few days ago as well as MULTIPLE daily closes above 240 as well as a daily close above 350, ever?????????????????????????????????????????

    historically 240 was major oversold territory but this time is not the case, im beginnign to wonder if this is gonna be liek withthe vix when it hit 40,50,80,90 values never before seen.

    Will the isee close in the 300s, 400s, 500 and that will be considered normal?