Subject: Re: Managing Risk with Saul Picks
No. What you need is to find technical analysis indicators that identify points of extreme on the overbought and oversold sides. You do this for every stock in the universe and then average their readings to arrive at a consensus. Once you've done that you simply determine thresholds for buy and sell.
So the real question is what technical analysis indicators are useful, since RSI seems to be useless for this application, what are better ones?
--G