Replies to post #9873 on ETF SWING & DAY TRADING

[husk]

Hi North...I expect both the rsi5 and cci20 to reach their minimum oversold levels before there is any real turn up...the odds are 80% or better of that happening. I also remain short.

On another post, you spoke of me being on margin....I have never directly margined any position in my life. I go 2X long and short in an IRA held by Rydex.

[northam43]

Stock Charts Daily RSI(5) at 56.8. MACD(12,26,9) at -1.74.
CCI(20) at 52.3.
Current position Short.
I still think that we will hit RSI(5) 30 before going to 70. This is just an opportunity to add to my short position.

This is where I stay with the system and filter out the noise on the board. Right Pokersam?

JMHO

Lindy