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Re: Crazy Money post# 140108

Tuesday, 10/31/2006 5:33:54 PM

Tuesday, October 31, 2006 5:33:54 PM

Post# of 311057
For chart reading rookies (1millionfl is not a rookie btw)... the tightening bollies suggest a SIGNIFICANT price movement, up or down ... the tighter they get, the bigger then expected movement... add any other catalyst to that... and it just multiplies the movement.

Keep in mind... other indicators help suggest the direction of the movement... in this case I attached some other buying indicators like the bottoming williams and bottoming stochastics... also the rsi is at it's historic bounce area... it is all coming together in the next 1-4 trading sessions... give us the audit... and the resistance of price appreciation here will be quite high... there will be nothing stopping us chart wise... just green pastures waiting.