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JimQuinceH

09/19/07 10:55 AM

#564325 RE: PENNYPRINCE 1 #564323

JAMES, No but what happens is: The Momentum peaks, then the Momentum oscillator retreats, along with the major averages, then the major averages go to higher highs while the Momentum oscillator goes to a lower high. That is the sign of a trend change.

I can't tell, at this time whether the Momentum peaked on September 4th or whether the Momentum peak is still ahead.
I should know something in a few days.

Jim