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Re: righty post# 12907

Friday, 04/04/2008 8:35:16 PM

Friday, April 04, 2008 8:35:16 PM

Post# of 51367
Just curious why you decided to stop in today and give a charting lesson? Charts are good but not perfect, especially in penny land.
The RSI is at 69.97 and looks like it will break 70 on Monday, a real good sign.
The Accum/Dist and CMF turned down but are still extremely positive. I believe it is profit taking.

The candlestick charts could be intrepreted as bearish to some.
Indeed many chartists will state we have to close today's gap before we move up.

Just want to remind everyone that charts are good, but we are anticipating a HUGE P/R and a possible R/M which will trump any chart!
Thank you!
GLTA!

WHAT I POST IS ONLY MY OPINION.




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