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plumear

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plumear

Re: AMCJAX post# 252055

Thursday, 03/05/2009 11:47:55 AM

Thursday, March 05, 2009 11:47:55 AM

Post# of 433136
AMCSATX, There does seem to be accumulation going on as the price drops, which very well mean that we will get a nice rebound soon. I'm thinking that the shorts are indeed covering. Notice the 5 day, 5 min chart. There is a positive divergence of the other indicators. RSI, Accumulation/distribution, CMF all are going up as the price is falling.

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