Replies to post #8955 on ETF SWING & DAY TRADING

[GLENO34]

I shorted RIMM yesterday and when it dropped 3 bucks this morning I covered...Now they have stopped trading because of a bad court ruling..I bet it open at 40.00...And I was smiling at profit..Oh well next time...

[northam43]

Stock Charts Daily RSI(5) at 64.7. MACD(12,26,9) at -5.34.
Once again we are headed for the RSI(5) 70. Will we get there today. I have a good feeling we will. However, the long run won't be over till we do. After we hit RSI(5) 70 the MACD(12,26,9) will then take over the controls and determine when this puppy will be heading down.

Also I have been watching the CCI(20) it should now go to +100 before we turn around. It is now at 26.4.

We have more upside to go.

Good Trading to All.

Lindy