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Alias Born 05/01/2009

Re: PriceTeam post# 80

Monday, 05/04/2009 4:56:24 PM

Monday, May 04, 2009 4:56:24 PM

Post# of 185
That may have been the blowoff. The daily chart of $VLE has been up for 5 consecutive days, and the weekly for 9 consecutive weeks. In addition, the $nya is at the top of the channel.

The daily chart shows the 10-day ma, and again you can see how this illustrates the simple rules presented in post 72. Notice the neat cross and backtest of the 10-day ma on March 11 and 12. This is rare so don't expect to see it this neat more than a couple times a year! The weekly chart (the second one) shows the 10-week ma, and again the signal is plain to see--the nicely curving average right at the cross point, May 23 to 30. Also notice the neat backtest of the 10-week ma.




Strip price to the barest data that tells us BUY, HOLD, or SELL.

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