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Re: Taber post# 29340

Saturday, 10/23/2010 2:33:00 PM

Saturday, October 23, 2010 2:33:00 PM

Post# of 96419
lets not forget that this is not AAPL or GOOG or C..this is subpenny stocks....it can turn in any direction at anytime...technicals mostof the time dont mean !@#$ for lot of penny stocks....but they do help in a long run....one move up monday to .0040 and MACD and everything else will look lot different...i know lot of people are waiting for the MACD to bottom out, ruight now looks really ugly...if i see stock with that kind a MACD i wouldnt buy it either..but other indicators for the shorter term like SLOW stoch for example are already pointing out that the bottom is or is near...MACD always gives a late signal anyway..