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blasher

06/03/05 5:16 PM

#11482 RE: fashionman #11481

however, the penants look to be part of the downtrend.
The ADX-xover is nice, but most of the other indicators are in or approaching their overbought areas.

It's in an OK position ... however, you should always step back and look at a time-frame or two further out ...
for instance, look at the daily chart: (doesn't look like there is too much upside)


MACDad

06/03/05 5:40 PM

#11483 RE: fashionman #11481

NEOM - lots of different ways to look at the same chart - like a painting:)


PS - I am not a buyer at this point - nothing screaming to me. Watching carefully though and certainly scalpable.

MAC

Snap Hook

06/03/05 7:41 PM

#11485 RE: fashionman #11481

How about a second opinion.