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Thank you Alain,
I will check it out. And maybe post my observations. I'll have to post
any pics in the photos section becoz Yahoo seems to wipe out pic
attachments. :-(
Dusant
--- In equismetastock@xxxxxxxxxxxxxxx, "Scoubidoo \(Alain\)"
<scoubidoo@xxxx> wrote:
> Hi Dusant,
>
> Here is a stratégie (example).
>
> I see the RSI with a double-top under the line 50. If I think the
RSI
> will continue to drop until line 30 (I want to explain the
> ReversalEngRSI, not the RSI behavior). I short the stock now at $12.
50
> and my targuet (exit point), will be $10.70.
>
> If the RSI touch the line 30, the close of stock will be $10.70.
>
>
> Stratégie 2,
>
> If the RSI cross the line 50 and goes up to line 70, I buy the stock
now
> at $12.50 and my targuet (exit point), will be $14.00.
>
> If the RSI touch the line 70, the close of stock will be $14.00.
>
>
>
>
> Alain.
>
>
>
> -----Original Message-----
> From: Dusant [mailto:cooldush@x...]
> Sent: Friday, August 22, 2003 1:13 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Reverse Engineering RSI
>
>
> Thanks Alain for your post.
> Am attaching a pic of the Indicator.
> Can you lease explain, how is it better to use than plotting the
plain
> RSI and generating buy sell signals with an Expert?
> I was given to understand that the indicator can be manipulated to
gauge
> the "reaction" of the indicator vis a vis a projected close.
> I am sorry, (as I mentioned) I have not read the article.
> Maybe I should hunt it up.
> Dusant
>
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