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Keith K

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Keith K

Re: husk post# 1958

Wednesday, 11/15/2006 1:49:38 PM

Wednesday, November 15, 2006 1:49:38 PM

Post# of 2157
...agree with what you say husk. Except I would shy away from shorting anything here. I understand your RSI5>85 rule, but a high RSI only means the system is hot, and price can still blow higher.

Personally, in this environment, I won't hit the short until something confirms there is weakness. Just long and/or cash until then.

1815ish looks like it needs some love.

Keith

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"The Intermediate-Term Trader is the Happy Trader."

http://www.investorshub.com/boards/board.asp?board_id=6260

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