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Re: Justa Werkenstiff post# 121082

Thursday, 06/19/2003 3:05:54 AM

Thursday, June 19, 2003 3:05:54 AM

Post# of 704041
Crossed the 9 day EMA too, which ajtj postulates is a kind of line in the sand during a bull trend.

I have us having peaked out, momentum-wise, on the June 5th on a closing basis. We came close to that same level of momentum on the close Monday, but we've gone down since, despite the rise in price levels. I'm short since the Monday close, so I hope some downside momentum starts to build here, not just in secondary indicators, but in actual price movement.

Of course, as I write, the futures are up a ridiculous amount, but what's new?

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