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The Night Stalker

08/03/12 3:44 PM

#777 RE: smalltimetrader #776

its a shame you dont see what i see. maybe when the RSI stays in breakout and goes higher and forms a trend then you can see the it already happen in front of your eyes.

gabbyco

08/03/12 3:58 PM

#783 RE: smalltimetrader #776

Exactly! That said, not knowing where Armani has his RSI indicator set at, it's hard to say what he is seeing. Meaning he didn't say what period he was using. Then again, I really don't think it matters, based on his blanket statement regarding an RSI of 72 being a strong sign...