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Re: Honolulu Trader post# 6082

Tuesday, 10/02/2012 5:43:56 PM

Tuesday, October 02, 2012 5:43:56 PM

Post# of 9229
Stockconsultant of course is purely based on charts, ignoring fundamentals or changes in the company earnings or acquisitions. Thanks for the link.

But it does confirm for a 1 month trend or an intermediate term trend that the chart is bullish (per the last two items below):

"1 DAY PRICE CHANGE -7, strong down (-0.06 pts, -3.4%) from yesterday's close.

SHORT TERM DIRECTION 9, extreme rally, expect rally to pause/stop.

OVERBOUGHT/SOLD 8, Overbought, odds favor short trades.

1 MONTH TREND 5, Up trend.

INTERMEDIATE TREND 10, bullish,
** Past 4 months Uptrend."
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