Oct 9 2009, 05:33 PM
QUOTE(GregPG01 @ Oct 9 2009, 05:00 PM)
I am not a chart expert but I see that the MACD cross is happening today from ChartNexus. Besides the RSI is only at 74%. Looking at the last 2 spikes, the RSI was above 90 before coming down. Any comments?
You see what it mean but in actual fact many time it fail to react what it suppose to be.Many chartist talk based on history, of course history can talk left right up down, that is becoz is history.
Talk until cow come home also they have reason to tell and is always correct, so chart never fail. BUT.
Practise on current realtime, no one can 100% sure it will come. SO the word often used by them is high probability, maybe,
quite sure, high chance, signals quite there but not there. No one can give absolute answer. This is chartist like it or not.
So, I don't really follow what chart say. Just keep till the cow come home and milk me with dividend and share dividend.
This post has been edited by smartly: Oct 9 2009, 05:36 PM
Quote
0.0416sec
0.50
7 queries
GZIP Disabled