Posted by: abbytraderwin 
Date: Tuesday, June 03, 2008 12:05:50 PM
In reply to: leeder who wrote
msg# 5957 Post # of 5961
Rsi(14) is only just now over 50.00 at 57.81, MOMO zone is 70.00 and over bought is 100.00. Even if 100.00 was hit a stock can and has stayed there for days. LOL. If you are using Rsi(1)-Rsi(10) the daytrader might exit some shares and they have, but others will buy because they are looking at the MACD(12,26,9)!! and the FastSto/FullSto which haven't even crossed positive, YET!!
RSI(3) 82.86
RSI(5) 64.86
RSI(7) 59.59
RSI(10) 57.59
RSI(14) 57.81
When the lower RSI crosses the higher RSI you have incresased volume and movement. Look at the MFI as well.
MFT(3) 51.72
MFI(5) 23.72
MFI(7) 45.31
MFI(10) 30.92
MFI(14) 75.66
I looked at the charts and an exit would be at a MFI(3) or MFI(5) peak at 100.00!!! History has a way of repeating itself. When the MFI 7/14 cross happens you will see a major explosion. Daily explosions until then so I'm fine adding now that the bottom and turn are confirmed. Enjoy
