InvestorsHub Logo

techBear

04/11/05 11:18 AM

#677 RE: newguy13 #675

newguy13,
nothing has changed .. first of all , you shouldn't be fixated on one indicator. second of all , don't worry about every intraday move.
http://www.investorshub.com/boards/read_msg.asp?message_id=6006097

lowtrade

04/11/05 11:55 AM

#688 RE: newguy13 #675

newguy13
RSI is going down for the daily rush hour MM play & daytrader working the system. Down 3 cents, up 2 cents, down 1 ETC., short term day moves, not seen on the TA charts when all is done. Think of this Gtel lost and gained and lost and gained 10's of millions of dollars in 1 1/2 hours. And daytraders & MMs did thousands. The rest of us are exactly where we were yesterday, holding a number of GTEL stock.

Charts indicate a climb, events predict a climb. Expect volatility after a run like we got last week. The guys here see things settling down by Wens or later in the week.

Expect that!