Thursday, March 25, 2010

Some experimental work by Hopper...

One of my new oscillators is the pdf that is attached. It looks at differences in RSI of MFI.
It doesn't seem to work well as a trading tool, but looking at this picture, one can spot a new high recently...
This could infer a breakout of a new trend.
So, yes I am shorting now, but that is only for a short to intermediate term.
The longer term may be more up...

Cheers,
Hopper

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