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fashionman

04/28/05 1:48 PM

#1507 RE: BoomTime #1506

BoomTime: Because both aroons will be under the 30 at the same time which is a reversal sign. IMO

lowtrade

04/28/05 2:01 PM

#1509 RE: BoomTime #1506

BoomTime

Forget the 8 day, look at the 3 & 5 day. Both running to the bottom. Which way is there to go, when both are at bottom?
Side ways or up, plus lines running parallel shows accumulation. Put the 2 indications together and short looks like traders buying for up reversal expected in a day or two.

Probably not much of an up, but an up. Not a retest of 20 as I though yesterday! Down line also weakening since then, slowing down trend. Fri. should be the no trend day. Down about to cross 30 today!

ADD ON
Just read other answers, looks like we're getting up to speed with this arron thing, when we all see the same thing. This board is working. Everyone learning !