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Re: fashionman post# 11481

Friday, 06/03/2005 5:16:27 PM

Friday, June 03, 2005 5:16:27 PM

Post# of 18564
however, the penants look to be part of the downtrend.
The ADX-xover is nice, but most of the other indicators are in or approaching their overbought areas.

It's in an OK position ... however, you should always step back and look at a time-frame or two further out ...
for instance, look at the daily chart: (doesn't look like there is too much upside)


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