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Re: terryt post# 89

Wednesday, 05/25/2005 1:05:44 PM

Wednesday, May 25, 2005 1:05:44 PM

Post# of 274
You're welcome terryt, notice MMs mostly lower the bid and catch up some cheap shares and afterwards they lift up the ask again so nobody is allowed to load up too many shares at the LOD prices. Imo MMS are loading up the truck for the next spike.. CMF-chart indicates people are accumulating here.
http://stockcharts.com/def/servlet/SC.web?c=SMKT,uu[h,a]dacayiay[dc][pd20,2][vc60][iUc20!Ua12,26,9]&....

Let's see if the MACD can move north from here... when it goes into positive territory, it's considered to be bullish. **

With the very low float and OS here, SMKT can move up real quickly when we get the right input. Patiently waiting for more. Greetz Ed JMO's


** FYI A bullish centerline crossover occurs when MACD moves above the zero line and into positive territory. This is a clear indication that momentum has changed from negative to positive, or from bearish to bullish. After a positive divergence and bullish moving average crossover, the centerline crossover can act as a confirmation signal. Of the three signals, moving average crossover are probably the second most common signals.



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