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Re: Wrighty post# 8975

Thursday, 02/11/2010 12:25:32 PM

Thursday, February 11, 2010 12:25:32 PM

Post# of 14712
DUDE, I NEVER ONCE CLAIMED WE BOTTOMED............not until last night.............don't put words in MY mouth.............i saw where the MM wanted to go......once he saw he could get there there was no stopping him...........check the charts....put in a 3 month daily chart for BGOI......now put in these 3 indicators.....FAST STO, DMI/ADX and CHAIKIN MONEY FLOW........look at where fast sto was last night, draw a line from that point back to SEPT.......notice that at almost the exact same point on 3 occasions,(& once a little higher) that when we hit that point we've rallied......this is not a coincidence.....on the contrary it's very calculated........now for the DMI, look at how the green, red & black lines all came together at nearly the exact same point yesterday....this is called a FLEXPOINT and clearly signals a change in direction.....green is buying pressure and red is selling pressure and the black is the signal line........what you want is the green to be above both black and red to signal buyers are in control.....as i type the selling pressure is trying to inch ahead,,,,,we need buyers to step in and the sellers to take a break if we are going to recover.............now look at CHAIKIN MONEY FLOW....take a look at OCT., notice all the green, we were up to 75.....the green is money flowing in and the red is money flowing out........for an 80% drop I would of expected alot more red.......we dropped hard 8 days in a row and the CHAIKIN WAS ONLY DOWN TO -0.25......THIS SHOWED ME SOME PEOPLE WERE BUYING AS IT DROPPED..........FOR THIS TYPE OF DOWN MOVE I WOULD'VE EXPECTED -0.50/-0.75.........an inverse or echo of the Oct. highs of 75...........when a stock drops in share price, but the chaikin doesn't reflect the move, this is a signal that things aren't as they appear.........what's really nice is when you see the share price fall and chaikin go up......that's a great sign that people are loading up.............to make a long story short, people, ceo's, promo guys may lie, but the charts don't.......when thousands of people are making moves according to the same indicators it actually makes the analysis valid$$$.......BUY FEAR/SELL GREED/GET RICH$$$

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