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Re: EspressoCoffee post# 9377

Monday, 03/12/2007 12:41:40 PM

Monday, March 12, 2007 12:41:40 PM

Post# of 31925
EspressoCoffee - I'm not so sure about that. I believe we are on the edge of a major upside move. On the QQQQ Daily the CCI(12) is at 18 if it crosses above zero we will get a good up move. Also the 3 EMA is only 9 cents from crossing the 8 EMA another bullish sign. Currently support is at the 8 EMA 43.06. Right now the ST charts RSI(5) are all in OB area, so we could get a slight pullback (nothing I would short). If you take alook at my Daily, Weekly & Monthly charts that I posted this weekend you will see where we are going. So far the path is on track.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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