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RCKS

07/25/08 9:19 AM

#123738 RE: ajtj99 #123732

aj
I should have put the green arrow on but the low of Wed was a green and it was at 45 days, essentially matching the other green of 44 days.
We should have increased volatility for another 3 to 4 days, with pretty good swings in price each way. If this plays out.

I believe Maurice Walker described the next few says as one where the Bears should put the fear of God in all bulls while we make a higher low.

Yesterday was a good start, there were no bullish reads anywhere, maybe tea had a couple but most were calling for lower lows ahead.