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Re: willsimon post# 1384

Sunday, 04/02/2006 1:39:02 PM

Sunday, April 02, 2006 1:39:02 PM

Post# of 2663
willsimon .. Lets see if I am learning from Wize....
I looked at the two year weekly as well as your six monthe daily, my observations........

2yr shows a fairly consistent pattern..
current price is too far above 5ma
macd and rsi are peeking
cmf shows contined buying pressure

6mth daily shows the same pattern..
current price too far above the 5ma, spread between the 5&20 too large
macd & rsi are peeking
cmf shows buying pressure

I think I would wait to see some selling pressure and maybe think of buying between $29.50 & $30.50 on lower than average volume days.

Look forward to Wizes' comments, he's the boss LOL


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