InvestorsHub Logo
Followers 2
Posts 348
Boards Moderated 0
Alias Born 04/05/2005

Re: None

Thursday, 04/21/2005 3:17:49 PM

Thursday, April 21, 2005 3:17:49 PM

Post# of 44374
I agree with Wize on this one. It is too difficult to predict what the outcome of market indecision will be in this circumstance. I believe there are many sidelined or holding, pending news.

On my chart I see us holding in a position much like today's for several sessions. How many? I'm not sure but if you look back to the beginning of April you will see pretty much trading in the same position below the bb retrace and 50ma. The filing of the 2004 operations and announcement of the unveiling drew much anticipation resulting in a run-up. You can see the confirmations on the chart. Looking at the aroons you will see that when a signal was given, the higher on the chart the signal occured, the greater the bear or bull. Running this out I would expect the timing could possibly give the same results as earlier in the month.

http://stockcharts.com/def/servlet/SC.web?c=GTEL,uu[m,a]daclyyay[da][pb50!b75!d20,2][vc60][iUb14!La1...

Doc



~John~

Protect your investments. Join the NATIONAL COALITION AGAINST NAKED SHORTING(NCANS)
http://www.investigatethesec.com/
http://www.ncans.net/whycare.htm





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.