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Re: stervc post# 13914

Tuesday, 07/15/2008 9:52:36 AM

Tuesday, July 15, 2008 9:52:36 AM

Post# of 100623
Breaking .006 was not a good sign for me but if it can stay above it on the close Friday I will feel better about it. .006 is the 20 week ma and a weekly close below it would have negative implications (it's the middle band of the weekly Bollinger band). As you know Sterling, it has proven to hold up oh ECCI MMTE and SRSR as a resistance point once it is broken on the downside. So I pray it closes the week out above it. If it does close below .006 on Friday then I would look at support at the 200 day moving average (.004) and if broken then a test of the lows.