Rock Ridge Resources, Inc. (RRRI)

[jonesieatl]

W%R is an indicator I like a lot.

But I use a period of 10 days on a yearly chart. When the indicator crosses below the top bar (usually 20 like you said, sometimes 25 on a stock's chart), depending on how other indicators look, volume, etc, I'll sell. When it has gone below 80 (or sometimes 75, again depending on the chart) I ofttimes buy a stock.

By waiting until it actually crosses one of those lines to the upside or downside I have been getting a 75% success rate with that indicator alone. Combining it with others has improved the success rate.

What chart are you looking at that shows W%R in the 80+ area? On my one year daily chart, using 10 periods, I'm showing it at 38.46, using 14 periods it was closer to 50 as I recall.

jonesie