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Strategies & Market Trends : STEAMROLLER'S DAYTRADES
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To: Terry Whitman who wrote (542)8/25/1998 4:19:00 PM
From: Jack of All Trades  Read Replies (1) of 1561
 
I use RTTrader for charting and look at minute chart with RSI and momenteum change. When RSI crosses 50% and momentum is positve along with Moving Average usually indicates a buy. I was watching LII instead of the chart when I sold. Had a limit set @7 to exit got nervous and changed to 6 5/8. The chart showed strong close but look at the RSI showed a steep downturn but it was in the 70% area would should have indicated a hold. LII had tons of sells @6 5/8 at the time of the decline. But you never know.

JeffG
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