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BooDog

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BooDog

Re: lugi5720 post# 5710

Monday, 08/25/2014 1:12:55 PM

Monday, August 25, 2014 1:12:55 PM

Post# of 10489
I agree. I don't use the RSI solely for picking a bottom reversal. Other indicators need to be used in conjunction. The stochastics are also followers, if the money and accumulation doesn't start coming in first you're fighting against yourself. Again imo. I like following the RSI along with the PPO and ADX with divergence. It trails some of the other indicators including the fast stochastic but once they improve it offers a little more reliability.

PPO http://www.investopedia.com/articles/investing/051214/use-percentage-price-oscillator-elegant-indicator-picking-stocks.asp?rp=i

"Perfection is not attainable, but if we chase perfection we can catch
excellence." Vince Lombardi
Do your research! Play the TA. All posts are my opinion.

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