Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: chowder	10/14/2004 8:36:33 AM
	Read Replies (2) of 13449

RRI is showing a sell signal on both the Stochastic and MACD. We also have a high volume red candle which confirms bearishness. RRI is at a level of support off the 20 and 50 day moving averages. This is where one would reasonably expect a bounce. If it weren't for the high volume red candle, I would play this selection. I think I'm going to wait and see how it plays out first. I may be late but I think we need to see what RRI is going to do after that nasty day yesterday. stockcharts.com[h,a]daclyiay[pb50!b20!f][vc60][iut!Lp12,3,3!La10,30,5]&pref=G Perhaps Brother Bum can share his thoughts on upcoming earnings? dabum

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