Tuesday, December 06, 2005 11:52:23 AM
You are looking at the SIMPLE 50 day moving average..it was NOT the simple 50 day that acted as support last time but it was the EXPONENTIAL 50 day moving average..I show both lines in my chart I posted last night. The .0105 exponential 50 should act as support for a second time and thus far it has. The simple moving average is a slower time frame indicator.
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