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Post# of 79025
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northam43

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northam43

Re: EspressoCoffee post# 3025

Thursday, 09/08/2005 1:06:58 PM

Thursday, September 08, 2005 1:06:58 PM

Post# of 79025
$NDX RSI(5)now over 76 (indicating over bought conditions), however, the MACD (12,26,9) showing no indication of a down trend. It looks like I got to anxious and didn't follow my chart. Luckily, I am only 25% short at this time. We could still be in the beginning of this uptrend (counter-trend). Until I see some downward movement on the MACD I will hold my current position.

Good Trading to all!

Lindy

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


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