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Re: Californicator post# 2714

Wednesday, 09/02/2009 8:38:02 AM

Wednesday, September 02, 2009 8:38:02 AM

Post# of 5334
cali, b, everyone else, morning to you, the 100 day MA peaked at .2801 on 5/1/09 and had been sloping downward since. Well, that changed yesterday when it apparently bottomed out at .1105 and has now begun sloping positively. 20 day crossed the 100 on 8/14 and the 50 day crossed on the 24th... RSI bounced off of the 60 level monday and is once again sloping upward.. the positive and negative indicators on the ADX have pinched close together below the 40 level... things look to be a go heading toward the latter part of the trading week and into labor day, momentum is clearly building...