Wednesday, April 13, 2005 6:19:08 PM
Ready set go!
Here's a 5 & 20 day arrons.
Longer term trend still up! No change after 3 down days.
If some remember I've stated when MMs have control TA doesn't work for pennies.
Haven't change that thought, but because of the info here, I was introduced to aroons by juststocks. Well after study, I came to the conclusion they are the 1st I've ever seen track the action of a penny under MM control and would use them for stocks in this position.
The 5 day tracks short term action and the 20 day shows a longer trend. As we all know now short will be a mess for a few days, but the 20 continues to show a continued up trend long out!
Watch the 20 day for a possible change in trend direction over the next several weeks not days (5 of the 20 day eval completed, 15 days to go). Ilike the down line has not started up yet, but the up line has started to show a weakening up trend!
Here's a 5 & 20 day arrons.
Longer term trend still up! No change after 3 down days.
If some remember I've stated when MMs have control TA doesn't work for pennies.
Haven't change that thought, but because of the info here, I was introduced to aroons by juststocks. Well after study, I came to the conclusion they are the 1st I've ever seen track the action of a penny under MM control and would use them for stocks in this position.
The 5 day tracks short term action and the 20 day shows a longer trend. As we all know now short will be a mess for a few days, but the 20 continues to show a continued up trend long out!
Watch the 20 day for a possible change in trend direction over the next several weeks not days (5 of the 20 day eval completed, 15 days to go). Ilike the down line has not started up yet, but the up line has started to show a weakening up trend!
Success !!! 
http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind!
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