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Re: None

Friday, 02/09/2007 10:57:21 PM

Friday, February 09, 2007 10:57:21 PM

Post# of 19
originunknown, Lucky You! You got the first post.

That long-term chart is a good starting point. But it really doesn't show much.

Here is the one I am looking at.

Note that the CMF turned positive (green) at the end of January. It needs to run green longer to confirm a positive trend. But it is already underway.

Also, looking at the ADX, the +DI (green) is way positive, indicating that there is a lot of buying going on. And the -DI (red) is much lower, indicating not much selling.

This is the configuration of indicators that I look for because it shows that the stock is under accumulation. As the float is bought up the PPS has to go higher.

Best of Luck.