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Thanks, makes sense now.
Rik Rasmussen
Stock Analyzer mailing list moderator
http://groups.yahoo.com/group/stockanalyzer/
> -----Original Message-----
> From: DIMITRIS TSOKAKIS [mailto:TSOKAKIS@xxxxxxxxx]
> Rik,
> Diverging trendlines are almost useless, in price, RSI or any other
> chart. Avoid using them until a parallel or converging formation
> appears. The advantage of RSI trendlines is the sensitivity,
> calibrated from per= line. You may come down to per=1 without serious
> signal inaccuracies. per=1 means if RSI loose >1%, the previous point
> will be a new peak.
> DT
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