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Re: plastipunk post# 1167

Thursday, 03/19/2009 11:44:20 PM

Thursday, March 19, 2009 11:44:20 PM

Post# of 1986
I'd avoid this for a couple of reasons -

http://finance.yahoo.com/echarts?s=SSCCQ.PK#chart3:symbol=ssccq.pk;range=5d;indicator=sma(50,100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Most glaring is the crossover of multiple MAs: the 50 is below the 100 and both appear to be still above or right at the 200. Wait until this sorts itself out. Let's see it clear its mid-Jan level before looking long.

SSCCQ: http://www.trade-ideas.com/StockInfo/SSCCQ/SMURFIT_STONE_CONTAINER_CORP.html

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