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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (807)4/10/2012 12:45:02 PM
From: Return to Sender  Read Replies (1) of 8288
 
I'm okay with you being right but so far there has not been anything in the way of significantly high volume to suggest that we are getting anything more than a test of the uptrend. Right now the RSI on all the major daily charts is in the 30's but not yet approaching 30 which generally is where things bounce in an uptrend.



If the volume expands here to the point we see higher down volume than we have seen on the last few up days I will become more bearish. Earnings reports will have a major impact starting this evening with AA reporting.

RtS
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