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Post# of 103308
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kermit42

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kermit42

Re: MBBLLEG post# 23940

Monday, 03/24/2008 10:16:45 AM

Monday, March 24, 2008 10:16:45 AM

Post# of 103308
FWIW, that pull back brought us exactly to the MA 20 and we bounced off it pretty hard. That's important technically because a basic rule of TA (a la Dart1961) is that in any sustained uptrend, the PPS will periodically pullback to the MA 20.

Last time this happened, we ran from .0008 to .0046 in 2 weeks.


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