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Re: cjstocksup post# 22737

Wednesday, 12/08/2010 4:53:05 PM

Wednesday, December 08, 2010 4:53:05 PM

Post# of 26968
That is true but the MACD will be the real signal here.

Once the MACD crosses (which it appears to be close now) it will trigger a sell signal. That combined with the indicators I mentioned earlier will confirm a pullback.

I still think we will find support along the 13 EMA but don't fool yourself into thinking there won't be profit takers tomorrow.

I will probably add more if it dips between the center BB line (0.0009) and the 13 EMA (0.0011).

TIA

Oh what a tangled web we weave, when first we practise to deceive!