Replies to post #2957 on Raystream Inc.(fka RAYS)

[MARKETMAKERXXX]

RAYS 2.50 tomorrow weeeeeeee

[Crazy Money]

Can't wait for the PROMO to plunge... that will be much more exciting... than people weeeeeeeeeeeeeeeeing about .13 cents

sliderulex Member Profile sliderulex

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Wednesday, November 02, 2011 12:44:30 AM
Re: Jason Bond post# 2915
Post # of 2962
What you're forgetting is that RAYS is a promo. It's chart, is wacko because of it. The RSI has been overbought since this started Oct 10th. Promos behave different than 'normal' stocks. You can't judge when to buy or sell, just using the chart. A much more important tool to judge when to sell would be using L2, watching it closely. That and price action/volume movement. These tell you a lot more information than typical charting would because RAYS is just a promo, not a stock you can go very long on, in my opinion.