StockFetcher Forums · Filter Exchange · RSI(2) - The Little Indicator That Could<< 1 ... 10 11 12 13 14 ... 26 >>Post Follow-up
TheRumpledOne
6,359 posts
msg #31602
Ignore TheRumpledOne
4/3/2004 12:21:43 PM

Anyone cash in when the QQQ bottomed on RSI(2)?

I picked up some April 38 calls for .05 and sold for .15!

Of course, thanks go to HolyGrail for his teachings and alerts.




dducey
19 posts
msg #31604
Ignore dducey
4/3/2004 3:02:30 PM

RumpledOne - Have you bought QQQ puts now that the RSI(2) has hit the top?


TheRumpledOne
6,359 posts
msg #31681
Ignore TheRumpledOne
4/10/2004 8:16:59 PM

No, no PUTS for me... I usually don't trade the DOWNSIDE.

But there is (a lot of) money to be made on the DOWNSIDE.

MAY ALL YOUR FILLS BE COMPLETE.


abkhn00
4 posts
msg #31821
Ignore abkhn00
4/21/2004 3:22:42 PM

What's with EVOL and IDUL? The RSI(2) seems to have bottomed out on these but they've still been going down last 2-3 days!!!


dducey
19 posts
msg #31828
Ignore dducey
4/21/2004 8:05:57 PM

Re EVOL and IDUL - There is no guarantee of an immediate bounce. It could take a few days but a bounce will surely come (like King Harvest).


TheRumpledOne
6,359 posts
msg #31852
Ignore TheRumpledOne
4/23/2004 4:37:26 PM

I am not sure what you are saying about who is right?

I just posted what RSI(2) showed me.




roca1018
41 posts
msg #31947
Ignore roca1018
5/1/2004 7:06:20 AM

RSI(2) on QQQ must be close to or under 2 at this point? What other indicators do you use to confirm a bottom?

Regards,

Rich


TheRumpledOne
6,359 posts
msg #32005
Ignore TheRumpledOne
5/7/2004 11:34:27 PM

Don't really need other indicators.

I do look at the linear regression lines. I have posted about this before.

If RSI(2) is low AND the price is at/near the lower linear regression line it is usually time to load the boat.

Also look for a positive divergence.

Right now the QQQ lower LR is around $33.50.

Remember, this is a guessing game, ANYTHING CAN HAPPEN. Just don't be greedy.
Take what you can, give nothing back.

MAY ALL YOUR FILLS BE COMPLETE.


TheRumpledOne
6,359 posts
msg #32021
Ignore TheRumpledOne
5/10/2004 9:36:31 PM

SBAC rsi(2) = .037 closed $3.22

SIRI rsi(2) = 2.09 closed $2.94

GSPG rsi(2) = 1.77 closed $0.37

Sit back and watch or load the boat on green and make some green!

MAY ALL YOUR FILLS BE COMPLETE.


sparksgl
4 posts
msg #32034
Ignore sparksgl
5/11/2004 11:04:35 PM

How has this filter been working of late? Going to start tracking today....




StockFetcher Forums · Filter Exchange · RSI(2) - The Little Indicator That Could<< 1 ... 10 11 12 13 14 ... 26 >>Post Follow-up

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