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Re: SEBASS post# 5770

Monday, 10/03/2005 8:10:44 PM

Monday, October 03, 2005 8:10:44 PM

Post# of 44374
The reversal is, the buy signal is not

A 3 box reversal can occur withing an up/down trend, but this does not generate a buy signal.
It does not mean the dominant trend is reversed. Just that there is demand short term
There's no need for arguement here.

About your emotional hogwash
I see nothing wrong with the drop from 5.50 to 1.50.
I've stated my reasons the whole way down.
I believe we were actually arguing the opposite sides not to long ago
That's why i sold near the top and have bought back here
Same thing i did the last go around

If you think that move was based on a company problem then it just means you don't look passed a one year chart
Open your eyes, your mind may follow


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