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Re: jonesieatl post# 20081

Thursday, 06/02/2005 11:23:39 AM

Thursday, June 02, 2005 11:23:39 AM

Post# of 326349
SWAGBADTA: IMO, the MACD (on the chart I often look at which I posted a link to yesterday), based on past history w/ this stock and many others over the past few years...has to ebb/flow above/below the zero (0) line. With those historical observations, NEOM shouldn't make it's next significant pop, IMO, until it first crosses back below the zero (0) line...which, BTW, it's looks like it could do in the next few days. May hold below that for a bit before moving back over it (the way it did in March). When that happens, I almost always see at least a 10-20% jump in price in short order (may or may not stick, depending on the stock) and depending on the pressure behind it, 50-100%+ jumps are very possible.

Not a prediction. Just an observastion. For discussion purposes only.

Looks like the "W" on the chart got trashed as well as following the Candle Chart trend of early April. Let's see if this SWAGBADTA can hold any water.

lns