InvestorsHub Logo
Followers 7
Posts 1933
Boards Moderated 1
Alias Born 06/03/2004

Re: Mr. Shagala post# 8200

Wednesday, 03/07/2007 10:48:13 AM

Wednesday, March 07, 2007 10:48:13 AM

Post# of 33904
(Edit)First off, this PR is confirmation of my questions posed last night, one of which, was deleted, because it was misconstrued by one or more people. I was simply posing a devils advocate point of view, which, in my opinion must be done to keep reality alive, so not to get married to any stock.

This is why "in fact I have not put any money into this one as of 3/7/07 10:13."

The chart is turning around and looking much better today than it has over the last 4 days. The RSI has bounce nicely off the 50 and need confirmation from ADX, Williams, Aroon and others. A close today above the 20ma will be good and if it can continue to hold above this level for a couple of days, then other idicators will probably signal a buy for me. But, until that time comes I remain a lurker.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.