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Alias Born 08/21/2005

Re: None

Tuesday, 05/10/2011 9:49:22 PM

Tuesday, May 10, 2011 9:49:22 PM

Post# of 68397
You all have asked me in the past about the 70 rsi and why I use it it and how, some here say that over the 70rsi is overbought, I dont care anything about that, it means nothing. If I own stock and the rsi approaches 70 I do one of two things, if it breaks through I hold and buy more, if it does not break through I sell most of it, accumulate NEAR the 30(not at the 30) rsi and do it all over again, works for me and it limits my risk in the pennies, dont care what others do or say, it is what I do and it makes me money. Here are two examples, acdu and siri, I play both. Now remember I am still limited to one post a day, so that I cant respond to all the nasty and hurtful things that everyone says about me LOL

http://stockcharts.com/h-sc/ui?s=ACDU&p=D&yr=2&mn=6&dy=0&id=p08247537461

http://stockcharts.com/h-sc/ui?s=SIRI&p=D&yr=0&mn=6&dy=0&id=p21399684223

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