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Re: koolmc post# 2324

Sunday, 07/22/2012 10:02:40 PM

Sunday, July 22, 2012 10:02:40 PM

Post# of 4322
Since the PPS has been squeezed into the 1 to 3 range the Chaikin Money Flow and Money Flow index has increased significantly. These two are usually a pretty good indicator of which direction PPS will breakout into. Chaikin is well into the green so looks to me like money is flowing in. With that said I do realized that this is the pennies and techs don't mean as much as they usually do but IMO we are going to eventually see a breakout.