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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (56)12/17/1997 4:28:00 PM
From: The Perfect Hedge  Read Replies (2) of 1720
 
(Back testing rsi div)
Take a look at CKR when it hit a new high on 9/15 and then again on 10/06 but rsi was way down.Am I getting this?
Maybe we should start a continual list of stocks that are showing an rsi divergence on this thread.If we are all looking then I think we'll get some goodies.
Also look at EVI.Same thing.I may have asked this last post but here goes again and I'll use evi as an example-
Since EVI has fallen to the 40's can we use 1 month highs and to figure rsi divergence or do we need to wait for evi to head back up to the 70's again?GD
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