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Post# of 41961
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jimmenknee

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jimmenknee

Re: Chart_this_trade f/k/a Mike Butler post# 19813

Thursday, 01/15/2009 3:10:26 PM

Thursday, January 15, 2009 3:10:26 PM

Post# of 41961
Well there appears to be a science problem here so I thought maybe your insights could help...

As I see it going back to mid-Dec, when the board consensus was a base-forming in the mid-teens area, OBV suggested selling pressure was not subsiding.

And the only (short-lived) up-spike occurred as a result of the 1st day of the 9 day cycle you are pointing to.

Obvious now indeed-- predictable when though? Can TA assist these types of momentum plays?
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