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xZx

07/23/08 10:52 PM

#72446 RE: J-RO #72443

yup. MFI is the best leading indicator of a run i can think of.... these MMs are creating a lot of misleading candles on the daily chart, but imo we're in for some fireworks pretty soon.
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xZx

07/23/08 10:56 PM

#72448 RE: J-RO #72443

DPDW old and new trendlines ~~~~~>

notice how these MMs are violating the trendline again? just as they did before the last major run... and back then the volume was tapering off, too... hmmmmmmm...

it was a vicious shakeout for those who took the bait and sold -- but a golden opportunity for traders who did their DD & held strong.