InvestorsHub Logo
icon url

boca_bobby

02/19/11 11:27 PM

#44646 RE: Joshfm #44645

POT CHART:

I think POT still has some room to fall. In a perfect world we want to see all the major indicators fall into the oversold area. This will the "normal" profit takers have filled their pockets. We wait for them to curl up once again and take our chances.

If I was a betting man, I would think this might be between the MA(50) and the 38% retrace lines. I hope this helps....