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jcwillis

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jcwillis

Re: dgtams post# 292

Thursday, 08/09/2012 1:18:30 AM

Thursday, August 09, 2012 1:18:30 AM

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RSI could indicate there is more upside...

...no argument of that - if considering end-of-day RSI by itself. Likely higher earlier in the day. Taken in conjunction with the sp outrunning the upper BB, and the MFI getting long in the tooth, it was ready for a pull back as it did later Wednesday.

Whatever unknown fundies driving this will likely continue to drive it.

GLTA
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