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Re: angel38 post# 53640

Thursday, 05/16/2013 3:19:44 PM

Thursday, May 16, 2013 3:19:44 PM

Post# of 122996
I believe that we are at bottom or at least close to it. There are a couple chart indicators which tell me that a run is in the future. We are nearing a Golden Cross(where 50 SMA crosses over the 200 SMA) which is a very bullish signal and usually indicates a major run is about to happen. Secondly, the Accumulation/Distribution line is way up the past 2-3 weeks which is also a very bullish signal.
So to me, this market manipulation is happening for a reason. The chart indicates a run is coming and the MM's appear to be loading up down here. Once they are locked and loaded and news comes out, I think we fly. All IMO. Gotta hang tight on this one.