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Saturday, July 24, 2010 3:23:54 PM
>>"Now....where is this supposed to stop...did I hear $1.25?"
~~~~~~~~~~~~~~~~~~~~~~~~~
TheBunny,
CHART WISE, WE ARE STILL IN LONG-TERM UP TREND
1. Monthly Chart = Yellow Line (1-Bar) Above Blue Line (20-Bars) EMA
2. Daily Chart = Yellow Line (50-Bars) Above Blue Line (100-Bars) EMA
SHORT-TERM = Everybody knows -- we are in a Downtrend
ON THE DAILY CHART:
A. TURNING POINTS = CROSSOVERS:
ONLY Six Crossovers Since 2006
August 7, 2009 = 0.75 Up *** Means Long-term Up Trend is still INTACT
October 2, 2008 = 0.89 Down
April 3, 2008 = 0.73 Up
June 11, 2007 = 1.00 Down
April 9, 2007 = 1.27 Up
June 27, 2006 = 1.70 Down
B.SUPPORT1 = 1.10
C. SUPPORT2 = 0.92
D. RESISTANCE1 = 1.38
E. RESISTANCE2 = 1.50
*** Huge majority of posters here are long-term investors. However, few opinionated traders here are forever bashers; makes me wonder why they are here? (to aggravate most readers?).
They should go and bash ARNA instead; Shorts are in BIG BIG trouble and need them there.
HERE ARE THE CHARTS WITH MY NOTES:
1. MONTHLY CHART: http://www.sierrachart.com/userimages/upload_2/1279998651_91_UploadImage.png
2. DAILY CHART: http://www.sierrachart.com/userimages/upload_2/1279998578_40_UploadImage.png
GLTA -- Go NNVC!
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