AI
Tuesday, November 08, 2005 7:53:59 PM
Buy ABX Steve!
Just got some @ 25 today. I think the consolidation is over or very near to being over with downside exposure limited to ABX's 200-day SMA. I like the positive divergence among price, CMF, , ROC, Slow STO, and RSI as well as volume not confirming the downside run. Maybe long positions were being liquidated and downtrend will end as all sellers sell their poitions?
Just got some @ 25 today. I think the consolidation is over or very near to being over with downside exposure limited to ABX's 200-day SMA. I like the positive divergence among price, CMF, , ROC, Slow STO, and RSI as well as volume not confirming the downside run. Maybe long positions were being liquidated and downtrend will end as all sellers sell their poitions?
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
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