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Re: midas716 post# 2558

Sunday, 09/17/2006 8:03:39 AM

Sunday, September 17, 2006 8:03:39 AM

Post# of 75789
Update SFPS

Pinksheet

Looks like we may have takeoff starting monday. Two charts. 10 day intraday and 6 month daily. I am only posting the 10 day intraday to show the volume discrepency and to ask anyone following here to confirm they see it on their intraday charts also. Analysis below refers to the 6 month daily chart.

Volume - After decent upside volume on Monday and Tuesday, volume fell off to bareley noticable on Wednesday and Thursday. Friday morning and afternoon saw very light volume again, upside, and it appeared it was going to be another do nothing day. There was a late afternoon surge in upside volume that brought PPS up .01. There is also a discrepency between daily volume and intraday volume of 557,660. After hours there was another 700,000 traded. Look for heavier opening volume on monday to the upside.

PPS - +.01. Has just closed above the 10ma. Need to see what Monday brings to tell if this is just another head fake.

MACD - Although it's hard to see on my chart it has crossed over and bars are moving towards the upside.

M/F - Is skyrocketing. Don't know what to make of this. M/F trailed off to 0 before the last spike. All patterns I was following with the last spike failed though so this could be very good.

RSI - Looking real good here. It likes to run from just below 50 and we're almost there now at 43.89. Increasing RSI bottoms and tops. Good sign a reversal is forming.

Stochs - Stochotic crossover to the upside.

6 month daily (see next chart for 10 day intraday)




Notice at 3:45 the spike over the 500,000 line @ 557,660. If this is correct and the daily is wrong then coupled with the 700,000 after hours constitutes some very good EOD upside volume and possibly the beginnings of a run starting monday.

10 day intraday



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