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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Slagle who wrote (65627)	6/29/2005 12:23:40 AM
From: shades	Read Replies (2) \| Respond to of 74559

you like to KISS right Slagle? No not the Generals MAID! UH! hehe This guy comes highly read by many technical traders over at elitetrader: stephenvita.typepad.com You know something, the simpler the better in my trading world, and there is an elegant little set-up that's beaten the pants off buy & hold over the past 8 years or so in the QQQQs. You can find the record of it on the website VTO Report and it's pretty striking. vtoreport.com Now, I would never base a trade just on these rules -- I'm not that simple -- but here they are: BUY the QQQQs when 5 Day RSI closes below 30 SELL the QQQQs when 5 Day RSI closes above 50 Period 5-Day RSI Strategy Nasdaq 100 Index 1997-2005 349.7% 76.2% as of April 21, 2005