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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (5688)	2/28/1997 4:25:00 PM
From: Kevin	of 58727

Jim. I can't tell you that from a quick glance, everytime CSCO drops to RSI 25, you can be sure to see a nice run. Happened about 6 times in '96. I'd look closer, before laying money on it but this particular stock seems to hold at RSI 25....kinda like ASND stays below RSI 75. I'd like to hear more proof about ADX being a good indicator. So far, I see contradicting signals being given from ADX by itself, but my ears are always open to anything new that may fit into my tool belt. This question is open for anyone. Kevin

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