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Re: simplegreen post# 31423

Thursday, 05/24/2007 3:33:32 PM

Thursday, May 24, 2007 3:33:32 PM

Post# of 90702
It is falling on low volume..
My take...Nothing is going to happen..it is a temporary/minor pullback...DOW has been up from MID march till now...
What happens at the pullback volume wise is important..
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=9&dy=0&i=t62126459346&r=3...
If you look at beginning of march..after the pullback..it told us it was continuing with the uptrend with an ever record volume of 750 MIL...

Neways..the pennies and Ob's are all resilent to that...these are in its own world run by its own goons!!!...
My 2 cents/pennies
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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