Ep 162: David Saito-Chung: What Can The Fed Hikes Of 1994 Teach Us?
Investing With IBD
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Cisco's RS Rating and Relative Strength
Justin: When you have a stock that has such a outsized correction right 50% usually those are stocks that we avoid what clues might have you seen on Cisco and some of these leaders that have these massive corrections but we're still worth another look when the market turned around. I wouldn't be surprised if at the bottom of that correction Justin that Cisco's RS rating fell into the 60s or 50s even maybe even more because the market didn't fall as much over a trailing 12 month period.
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