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mngtplayer

03/07/07 10:48 AM

#8219 RE: Mr. Shagala #8200

(Edit)First off, this PR is confirmation of my questions posed last night, one of which, was deleted, because it was misconstrued by one or more people. I was simply posing a devils advocate point of view, which, in my opinion must be done to keep reality alive, so not to get married to any stock.

This is why "in fact I have not put any money into this one as of 3/7/07 10:13."

The chart is turning around and looking much better today than it has over the last 4 days. The RSI has bounce nicely off the 50 and need confirmation from ADX, Williams, Aroon and others. A close today above the 20ma will be good and if it can continue to hold above this level for a couple of days, then other idicators will probably signal a buy for me. But, until that time comes I remain a lurker.