Replies to post #1983 on OTC BB Pulse: Daytrading (OTCDT)

[javalin]

bernard-here goes take on wldi as of now


today we closed at .055-which is the plus 2/8--which
should be a positive sign-and i will put up the higher frame in case it proves to be true--but according to gann .055[made 1-28-02] was an old top that we weren't able to penetrate for the second time-he would have said it was weak-needed to go back down and regroup[matter of fact we tried twice today to go through]--now the volume is still there and possible hint of news--but i took my profit today at .05[a bird in the hand]-tommorrow i may be cussing-also there was a gap left behind that i was concerned with

this is the frame we were working with and
possibly still are


.0563
.0549--plus 2/8-overbought
.0533
.0518---plus 1/8-overbought
.0503
--------------------------------------------------------
.0488-------8/8--strong resistance
.0472
.0457-------7/8
.0442
.0427-------6/8
.0411
.0396-------5/8
.0381
.0366-------4/8--resistance / support
.0351
.0335-------3/8
.032
.0305-------2/8
.029
.0274-------1/8
.026
.0244-------0/8--strong support
-------------------------------------------------------
.023
.0214--minus 1/8----oversold
.0199
.0184---minus 2/8---oversold
.0169
.0153
.0123


here is the higher priced frame
remember we may not be trading in this frame yet
closing at the plus 2/8 of the first frame[.055]
may have been a good sign-tommorrow
may tell


.0793--plus 2/8-overbought
.0778
.0763--plus 1/8-overbought
.0748
-------
.0732---8/8---strong resistance
.0717
.0702---7/8
.0687
.0671---6/8
.0656
.0640---5/8
.0625
.0610---4/8--support /resistance
.0595
.0580---3/8
.0565
.0549---2/8
.0533
.0517---1/8
.0504
.0488---0/8--strong support
-------
.0473
.0458--minus 1/8--oversold
.0443
.0427--minus 2/8---oversold

bernard hope this helps -only the mm's know at this
point-let's see if gann or murrey is right

trading is a way to freedom-take your time-ms.cashflow 1998