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Re: joelegs post# 599

Tuesday, 04/24/2007 7:59:10 AM

Tuesday, April 24, 2007 7:59:10 AM

Post# of 38891
I was specifically referring to the golden cross. The cross was not high angle. I like to see red pointed almost straight up when it crosses over green, that is when you get an immediate strong run. Same thing with RSI. If RSI(5) enters the run-zone above 70 at a weak angle it will fall back out, but if it enters the zone with a high angle it usually means business.

Quote 03-19-08

"Yes, we must, indeed, all hang together, or most assuredly we shall all hang separately." ~Benjamin Franklin to John Hancock

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