nonetheless i did call it......and made no such claims earlier........not looking for cred, just was shocked i had not one response to my observations.........i'm a technical guy and make my moves according to the indicators.......ceo's., promo guys, even people on message boards lie, but the technicals don't............when you see a selloff that wipes away 80% of the value in 8 days you would expect major red on CHAIKIN dropping it to at least -0.5/-0.75............look at OCT.'s chaikin, it was at 70, for this type of drop I would've expected the inverse of that at least......but, we didn't....it dropped to -0.24.......and is now turning up......the fast sto was pegged to bottom, as I pointed out last night, each time we've got to that same point we've rallied, check the charts.....to me that's a sign of change in direction...........now, for the DMI/ADX, I saw all three lines intersecting, this is a clear FLEXPOINT, when you see this it usually signals a change in direction...........not making a claim this is sustainable, just that, from looking at technicals we were perfectly lined up for a bounce.............now the question is, is this a deadcat bounce or sustainable?........we need some sort of positive news to sustain this........w/out news it will have a hard time recovering..............the reason thechnicals work is because not just me, but thousands of traders are making decisions based on the same analysis.....the technical guys jumped in, because instead of fearing a major drop they see it as a major buying opportunity,,,,,,,,,,,BUY FEAR/SELL GREED/GET RICH........
