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Re: freto post# 10568

Saturday, 11/03/2007 9:06:59 PM

Saturday, November 03, 2007 9:06:59 PM

Post# of 58788
I like this stock. I believe it dropped because the earnings that were released sucked. But anyway, based on this.

**confirmation of a pincher buy***
on the daily ..look confirmation of the RSI's 30/30 cross!
on the 15 minute ..look for confirmation cross of the 200MA!
my 15min chart rule "rsi 5/2 cross of 50-70 AS THE MACD histo crosses 0 with better then normal volume" works best when the MACD and PPO are turning up off bottom of daily.

On monday if it reversed I could see it breaking the rsi on the daily. But then on the 15 minute chart, it's suppose to break the 50/70 on the rsi's and cross the 200ma which is 1.18. So I am suppose to wait based on this 60 cents before buying in. Am I correct?

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