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Re: sawtrader post# 9334

Monday, 03/12/2007 7:19:05 PM

Monday, March 12, 2007 7:19:05 PM

Post# of 33904
I repectfully disagree,

You could argue that HMGP was way overbought when Golden Cross occured with RSI well above 70, and NVMG with RSI at (BUT ABOVE, which is not negative but positive) 50 is in a better position for further gains. Same goes with CMF and other indicators.

NVMG will go with Golden Cross regardless of news, but of course news could accelerate the increase.


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