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Post# of 704044
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Must Be Patient

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Must Be Patient

Re: jra2 post# 269079

Wednesday, 07/14/2004 11:47:24 AM

Wednesday, July 14, 2004 11:47:24 AM

Post# of 704044
"Still not worried on Rmbs yet...."

So far the bu$$ looks like it tested the bottom of the down channel it's been in since that first 17.90 low, with a brief breach to take out a bunch of stops. If the low this morning holds, we'll have three lower lows with diverging RSI and PPO. If it doesn't, well then it has a ways to fall before it gets as oversold as the previous lows, eh?
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