REITS - Buying 1 - 2 weeks before going ex-dividend Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wren who wrote (2334)	10/11/2002 12:35:08 PM
From: Richard Barron	Read Replies (2) of 2561

Wren, The RSI is a good indicator, like stochastics, of over bought and over sold conditions. I usually look for target numbers to be penetrated (breaking down trendlines, 3 day highs, the RSI recovering above 25, etc.) Yesterday's reading was tremendously bullish with Candelstick reading. Anytime you have a strong down day reversed and end up for the day is great (Doji and hammers are the 2 words that come to mind. I haven't done this for 8 years, but I recognize the strong chart pattern) Good chance the $RMS will run back to 420 before hitting resistance, though it has already retraced 40% and 420 would be 66%. Richard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next