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Re: samplescave post# 4937

Tuesday, 05/22/2007 11:40:00 AM

Tuesday, May 22, 2007 11:40:00 AM

Post# of 28183
You need to learn to READ charts....please go back to school before some newbie will see your posts, and, actually thinks you know what you are talking about......

RSI 14 is 37% RSI 7 is 29% THIS means that the "relative strength" more RECENTLY is WEAKER than the longer term 14 day period.......

MACD did NOT cross over, and, infact is spreading wider and lower.......

Yes, CMF did cross positive yesterday....BUT, that in of itself is meaningless......

To me, the MFI ( Money Flow Index ) is a more accurate reading of "if" there is more +money coming into CTTJ than -money ( leaving ).......The 2 day MFI is at "0"......that translates to ZERO......meaning there is ZERO buying pressure.

The fast stochatics is also at "0".....

My gosh.....do you even know how anything about charting??

"HUGE DAY TODAY"?? Please, my advice to everyone is to totaly disregard this guy's charting analysis, as it is definetely skewed.....unless that is his agenda....

My advice to you,IMO, samplescave, to to pick up and learn quickly about charting......especially before you start posting .....


I owe to smoking (cigars), more or less,
Through life the whole of my success;
With my cigar I'm sage and wise -
Without, I'm dull as cloudy skies !

Light up a stogie today !!

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