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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Lillie who wrote (23304)1/9/2003 6:14:07 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
my crystal ball is not giving a clear signal anymore. it got the last three moves so i suppose it has earned a little rest. -g-

the next "obvious" play would be if RSI crosses into overbought, but as you and i discovered (offline) getting an accurate read on when we roll back down isn't (historically) easy.

i'll stay in cash until RSI(5) gets back to midpoint, unless a 4-candle play presents itself.