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Post# of 52591
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reversesplitFTW

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reversesplitFTW

Re: None

Saturday, 06/13/2009 12:32:44 PM

Saturday, June 13, 2009 12:32:44 PM

Post# of 52591
WNBD ANNOTATED CHART****

Looking at the weekly chart because they produce the largest and more powerful runs we had a significant breakout. The flag pattern that you see formed has taken place over the last year and a half. That makes any breakout with volume significant. That is exactly what happened Friday. I would have liked to of closed higher, however a close above .01 was crucial on the strength of this move. I have two ways of looking at this chart at the moment, either the flag breakout or the double bottom. Either way .013 is our next resistance, a close above that would mean a run to .05 is on the way. On any pullback I'm looking for the top trendline to hold.

http://screencast.com/t/Ownssufc

"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank."
Ron Paul

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