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Pastimes : QQQ & DIA - chat & chart
QQQ 622.11+0.5%Dec 23 4:00 PM EST
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To: Jon Khymn who wrote (382)1/28/2003 1:39:55 AM
From: Chris McConnel  Read Replies (1) of 795
 
I've used it on a couple of trades but i usually wait for RSI(5) below 25 before pulling the trigger, and like to sell when it goes above 45 instead of 50.

Like any technique, it only works some of the time. Backtesting shows the strategy lost money in 1992 and 1994.

-Chris
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