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Alias Born 10/03/2006

Re: simplegreen post# 30682

Tuesday, 05/22/2007 2:18:59 PM

Tuesday, May 22, 2007 2:18:59 PM

Post# of 90702
TKER: After the recent April Mid high ....to better understand the clutter..if you look at the weekly chart..Acum/DIST(big money) took a plunge...ppl left the stock in that clutter.haanding over the bags......
And it's hard for a stock to make a fourth leg up...until it cools off a bit /fresh volume(news)....
Ascending triangles/wedges etc are all right...but where is the volume influx!!!
just my thghts!!!
-Led

Don't clutter your mind with scores of indicators...
READ the Tango of Price and Volume, the rest are all offshoots/Laggards..they tell you the story after it has happened.
And Avoid the Moles-CLYP/RBCM/BRGE/FANC/HDSN/DOMS/JEFF

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