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Torqputty

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Torqputty

Re: Vestor_2000 post# 20823

Friday, 02/17/2006 11:02:28 AM

Friday, February 17, 2006 11:02:28 AM

Post# of 79025
Vestor_2000, RSI-5

I have not been consistent with spx macd, so no answer there.

But will try to answer your question in relation to NDX. In a "up market" you would sell when rsi-5 is above 70/80. In a hard trending market you would wait a few days then let rsi-5 take you out on the break. Follow thru with stochs and macd.

AT any point (at the top) rsi-5 above 70, when your in the greedy money (not just plain money), cash-in.

Support/resistance also coincide with this play

thats my part, lol

SPX daily chart
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p67912094637

TRADING TOOLS
http://www.investorshub.com/boards/read_msg.asp?message_id=10351753

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