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Post# of 79025
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northam43

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northam43

Re: 2X-Be-Me post# 5331

Monday, 09/26/2005 12:01:44 PM

Monday, September 26, 2005 12:01:44 PM

Post# of 79025
2X-Be-Me - We don't need bear cheerleaders. Just because the RSI(5)by itself is pulling back a bit doesn't mean jack. The MACD(12,26,9) is starting to trend upward. If we close positive today it will be the 3rd day up. We are due for a pull back.

Bottom line: $NDX RSI(5) will go to 70 before 30 (If I am wrong I will buy more longs under 30). When it hits 70, I will consider shorting.

Good Trading!

Lindy

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


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