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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: ok1day who wrote (57882)9/9/1999 11:00:00 AM
From: stan s.  Read Replies (2) of 90042
 
ASPT is blasting out of that sym. triangle...ain't it purty?? Okay, okay...the RSI is a little more sluggish that other momo indicators so it's nice to use for divergences.

Indicators (momentum ones) try to lead (predict) a stock up or down.

So if a 7 day RSI...is at it's highest point in 7 days...and the stock price is not...it's a bullish divergence...

The 7 day is a slightly shorter time frame predictor than the 14 day etc...

I'll check that java site later to see if you can define your own parameters..if not I'll direct you to a site that can.

I don't want to go right now cause I'm trading with a dozen windows open and sometimes that java site crashes me...

Stan
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