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Re: RCKS post# 1521

Thursday, 05/19/2011 12:49:47 PM

Thursday, May 19, 2011 12:49:47 PM

Post# of 1590
Rcks - If that be the case, this would be the 3rd cycle(technically the 4th cycle) in a row that the Phase 2 didn't make the average. That is not a very common occurence and with the last two phase 2 cycles be 1 trading day, then 2 trading days, if this one lasted only 1 trading day that would be more like a Bear Market than a Bull market.

So I would be very surprised if this Daily Phase 2 only lasted one day.

Looking at the Daily & Weekly MACDs, I believe we could see a huge push to the upside at anytime. I just hope the weekly don't cause me to sell off before it happens.


JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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