Archive for August, 2011
Theory of parabolics – Spotting the top
Parameters: RSI of daily in parabolic state exceeds that of RSI of weekly in parabolic state. RSI Daily > RSI Weekly
Theory: This suggest the stock in study is toppish.
Case 3: BHI
Gold’s parabolic burst was not much of a concern for the mining index yesterday, until the news of LC taking out from the Philippine Stock Exchange index this September came out. All the while I thought it was mining heavyweight PX will jump start the burst for the mining index. I was wrong. Lot of times my call was early as I find it hard for the last wave up of the parabolic to predict the top. more later.
Also pls visit SMP forum for more weird kisses. Aussie kiss? what’s that? french kiss i know but aussie kiss?
Pls visit Kisses talks at SMP Market Education Thread
Philippine Mining Index Daily and Weekly
Philex Mining Daily and Weekly
Philippine Mining Index