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Post# of 79025
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northam43

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northam43

Re: Vestor_2000 post# 2792

Tuesday, 09/06/2005 1:01:39 PM

Tuesday, September 06, 2005 1:01:39 PM

Post# of 79025
Vestor 2000 - I don't use the RSI(5) by itself. I also use the MACD(12,26,9) to confirm the direction. Right now the MACD is still showing an up trend, however, it has been pulling back. Right now I am sitting on the fence to see witch way the MACD goes. I may take on a short position if the RSI(5) closes above 70, the risk will be low. Just my 2 cents.

Good Trading!

Lindy

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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