Happy 2 make U smile, Carolyn. Hyar's sumpin else mite....
Good Ship Bellewether Report From The Crows Nest:
There's a puff of breeze in the sails Going Our Way this morning!!!!
The trend is down 1/16 now since The Open, and the market trend is up. Doubleplusgood. Though the Bid/Asks are still becalmed as they have been for months, it may be getting ready to move the range (down a notch we hope, this way gauge still stays contrarian it's the EZ way) as showing some volume for a change with still no news since July .
Bellewether signalling of trend is still a more-often-than-not reliable contrarian immediate market movement predictor by this oldtime obscure Phillippine Goldmine penny stock on the NYSE - a becalmed same/same bid/ask condition reflects a sideways trend while a movement of range warns of a wholesale change in wind direction.
Techriders know the ticker, shhhhhhh, if not PM me @aol if yer interested & I'll tellya.
This particular Bellewether is reliable Much More Often Than Not, but it becalms when sectors move in different directions. Still haven't found one for nets except for The Big Leaders like AMZN, CMGI, GNET, YHOO, and now AOL again-
all these Bigs are UP. But none of 'em give the EarlyBird Call consistently like the lil one does.
909s,
Joanie
UPDATE 12:09- Now the Bellewether trend is to the Ask Side again (up) so it might go a bit flat at lunchtime. Same range, which indicates overall range stability remains holding steady. This present range was originally a downtrend from previous, which is good news for the Upside. |
