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Re: Croesus I post# 526

Wednesday, 03/11/2009 6:22:43 PM

Wednesday, March 11, 2009 6:22:43 PM

Post# of 805
Croesus.........

I hope I am wrong....... Probably am.

There is something called a squat...... as if something squats just before doing something/jumps. It is present in the close of BGU, FAS, TNA, and NDC. It most often identifies the end of a trend.

A squat is identified with a very limited price result relative to the open and close with greater volume than the previous print. This may be trouble for these stocks.

Explore several charts and identify squats in them and see what happens afterward.

btw...... I would not go too long before S&P taps 600. We make get a bump but a bottom is probably not around the immediate future imo.

glta

not the doctor - alanis morisette

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