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abbytraderwin

07/01/08 10:47 AM

#12091 RE: Cat Daddy #12079

YES I DID!!!! Look at the chart on Bill Panetta's board and ask a chartist to explain. LOL. the 50dma will become support at .0019 now and as it turns up like the other daily moving averages are now it will climb towards the 200dma at .05!! That is the beginning of a golden cross. The greatest gains in pps occur BEFORE the Golden Cross and continue post cross. Then the pps usually retreats for a little while. It is like catching a bottom. Look at the 50dma and the 200dma on a 6mth to a 1yr chart to see.


Enjoy