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are there any large caps that show divergences right now?
boelbrandt@xxxxxx
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> Van: Dr Clive Roffey <roffey@xxxxxxxxxxxxxx>
> Aan: metastock-list@xxxxxxxxxxxxx
> Onderwerp: RSI
> Datum: dinsdag 2 september 1997 8:59
>
> Weekly compression is extremely useful for establishing long term
> potential trend changes. There is no cast iron time frame. I use 9 thro
> to 100 day RSI's. When I lecture on indicators I have one rule " It must
> jump out at you, if not, ignore it" That applies to all TA but
> especially to oscillators.
>
> RSI oscillators do not signal every minor move but diverence is an
> exceptional early warning indicator of market turns both short and long
> term. Trend breaks on RSI are also powerful signals.
>
> I get the feeling that readers want an indicator to pick up every single
> change of trend both long and short term. Forget it, it doesn't exist.
> Regards,
> Clive Roffey
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