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willlbone

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willlbone

Re: Ludacrous post# 952

Friday, 04/18/2008 5:28:57 PM

Friday, April 18, 2008 5:28:57 PM

Post# of 1334
PLTG just got bitch slapped by the 100 day moving average and the resulting pattern is almost always bad news in the long term. It is best to walk away. I don’t keep track of this pattern because it generally a loser, except that the price often returns once more to the 100 MA. Here are a few stocks with the month and year that each got smacked down by the 100 MA.

RYPE 04-08
RKTI 03-08
BAC 03-08
HD 01-08
MGLG 12-07
MMM 12-07
CBPC 10-07
DUSA 10-07
RNCH 10-07
CBPC 10-07
SFEG 10-07
TNEN 09-07





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