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Re: Hoofman post# 1116

Thursday, 02/09/2012 2:53:58 PM

Thursday, February 09, 2012 2:53:58 PM

Post# of 4715
Gloom & Doom Perhaps?????? There is a very probable Bear Flag now on the Daily Price chart (below). Of course, it's not officially a Bear Flag until we see a breakout to the downside but, at the present time, in spite of oversold conditions but, taking into account that the RSI is not yet Oversold, I believe that it will most probably prove to be a Bear Flag and prices will drop significantly lower. Just my opinion! FTWR - Daily Candlesticks

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