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Strategies & Market Trends : Metastock 6.0 for Window

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To: Richard Estes who wrote (1113)11/23/1997 6:58:00 PM
From: Greg Butcher  Read Replies (2) of 4056
 
RE:'an island reversal is price not RSI related. you have gaps on both sides that leave a island in place. Their significance depends on the trend of the stock. By the time, you learn your TA and software then you will be finding a system you can trust. The key to any system is the exit.'

Richard..you remind me of a guy who stands back and yells THE TOWN IS FLOODING..but does not stand up and help. Instead of catching me on minor things, why don't you pitch in and help. The out come of my explorations will prove me to be correct or not. You know what my question was..it had nothing to do with the RSI..it was purely a reference point If this helps..The ideas are NOT mine..They can be found in a book called " Trading For A Living"
by Dr, Alexander Elder

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