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mackenzian

05/02/08 2:13 PM

#28 RE: mackenzian #27

starting to look like this sandcastle is building a foundation. I keep wanting to call (in retrospect) the setup a rounded bottom or maybe a cup and handle but neither one looks classic enough so will just go with...yeehaa! RSI, MACD etc all just setting up for the beginning of a nice run that should take up back to around .80 pretty quickly...old support and resistance both. I still have confidence that this will make some money for me but...like before...it will take some time. Never have figured out why the plummet but then again, I didn't invest much time in DD trying to find the cause...just decided to hold and wait for the reversal...which looks like is now in play.
m