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Re: lygio post# 30394

Friday, 05/12/2006 11:35:45 AM

Friday, May 12, 2006 11:35:45 AM

Post# of 79026
RSI Update:

A + Divergence is showing on the RSI 60, although it isn't confirmed by the Stoch. and no divergence is yet showing on the 65 min. chart

Looking back at the chart, as far as I can go, each RSI divergence that has signaled a good entry point has been confirmed by the Stoch. I will hold my cash position for now.

By the way todays low of $40.20 is one cent from the weekly lower bollinger bar and the 50 weekly MA.

Lygio

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