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creede

05/21/07 12:58 PM

#10986 RE: 6digits #10982

:-) Actually, I'm not a chartist. I mostly use charts to spot dilution, trends, and reversals. I just don't believe too much in chart stuff in nano's and micro's since a very small amount of money can alter any trend you see.

I post this chart today because sure seems the reversal in effect. At the moment, you can see green 5 out of the last 5 days. Imo that's bullish.

FWIW - sure looks like each convergence of the three lines signals some kind of significant move.
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xZx

05/21/07 1:09 PM

#10988 RE: 6digits #10982

6digits, creede stole my chart..! :) lol... actually the convergence of those moving averages says that the vast majority of shareholders bought below this level. so this means the pps has lots of support here. very, very bullish. when you see this many crossovers really big things can happen.