Thursday, March 02, 2006 5:02:41 PM
For you chart bashers...It does not get any more obvious than this, Read on......
Anybody remember this?.......
"I will make this simple:
Price above the blue line equals a likely run up to .01
Price below the red line equals a likely sell-off"
Here is the link:
http://www.investorshub.com/boards/read_msg.asp?Message_id=9918047&txt2find=gzfx
Or what about this?.........
"The PPS is currently being pinched between these two indicators (MA 20 and MA 200).
A break out of this squeeze pattern is imminent. The question is which way will it go.
If the PPS crosses below the MA 200 then it will see more downside IMO. (possibly .005 area)
If the PPS crosses above the MA 20 then it would likely test the MA 50 which is the next overhead resistance IMO.(about .01)"
Here is the link:
http://www.investorshub.com/boards/read_msg.asp?Message_id=9898258&txt2find=gzfx
Or what about this one?......
"GZFX / Chart with Test of MA 50: (Update on Test From 1/18/06:) For those that don't believe charts work for pennies, I have a challenge because I believe in them 100% without doubt. (Original post was on 01/18/06) Check reply...
GZFX
I will say right now that:
#1. the base of our next uptrend will be market by the PPS crossing above the MA50.
#2. Furthermore this cross of the MA50 will be marked by the MACD(12,26,9) crossing above the 0 line.
If you don't care then I understand but this is ALWAYS the case for every stock regardless of price or exchange IMO...
Just a friendly test on charting pennies for anyone interested.
(MA 20 Added because it has to cross this to cross the MA 50)"
Here is the Link:
http://www.investorshub.com/boards/read_msg.asp?Message_id=9755564&txt2find=gzfx
Or how about this one?.......
"GZFX / Charts / Consolidation Update....
On 1/11/06 I posted:
"natural support line" .0104
EMA 100 also at about .0104
MA 100 at about .0085
MA 200 at about .0072 the break of this ma 200 started our big run to .025 and I would not be surprised to see it "test" this ma 200 (without news)."
Here is the link:
http://www.investorshub.com/boards/read_msg.asp?Message_id=9755344&txt2find=gzfx
Or here is an important one seeing how we based at the MA 200 and it held:
Golden Cross opinion...---I have played many of these and I believe that the 50ma cross above 200ma is just the first signal to watch. Typically the stock will dip following the actual cross and consolidate for a short while. once it finds support it will begin a new swing to the upside.
IMO the GOLDEN cross is huge but it must COMPLETE and CONFIRM the cross and then begin a breakout to the upside from the 200ma base to be a valid play. IMO" (posted in November)
Here is the Link:
http://www.investorshub.com/boards/read_msg.asp?Message_id=9431027&txt2find=golden
Or this link:
http://www.investorshub.com/boards/read_msg.asp?Message_id=9048167&txt2find=golden
Here is the "Catalyst" chart that I was bashed for a few days ago (Ma 20 and MA 200 Pinch between the dotted lines). What I was saying is very obvious here and I hope this will help all the objective traders out there ignore the ignorant and asinine comments saying "Charts Don't Work for Pennies".
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