AI
Thursday, July 24, 2008 11:49:53 PM
The Chart says....
CMF looking real good now, money out is drying up, as evidenced by the ritual morning walk-downs, only to rebound later. Once who have to think the float is low, and MM's trying everyday to shake more shares loose. Notice the Wm% is not in a nose dive, but sliding down. ADX is still rising, and looks like it could turn into a pincher. 5 Day RSI is also sliding, not diving. All signs point to "it's not real good, but it isn't real bad either" Volume needs to jump, which I am certain it will once the terms of the deal are announced. Everything still looks like it could real quick in one or 2 days of trading. Look what happened with 10+ million in volume.
CMF looking real good now, money out is drying up, as evidenced by the ritual morning walk-downs, only to rebound later. Once who have to think the float is low, and MM's trying everyday to shake more shares loose. Notice the Wm% is not in a nose dive, but sliding down. ADX is still rising, and looks like it could turn into a pincher. 5 Day RSI is also sliding, not diving. All signs point to "it's not real good, but it isn't real bad either" Volume needs to jump, which I am certain it will once the terms of the deal are announced. Everything still looks like it could real quick in one or 2 days of trading. Look what happened with 10+ million in volume.
I couldn't possibly think as slow as you if I TRIED.
“Bears make money, bulls make money, but pigs get slaughtered.”
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