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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (12736)2/22/2002 11:12:47 AM
From: Susan G  Read Replies (1) | Respond to of 26752
 
small rising wedge to 20 EMA cracking on 5 min dow chart
It cannot hold the 20ema 5 today, and that EMA is heading downward now



To: Susan G who wrote (12736)2/22/2002 11:22:51 AM
From: herry iball  Read Replies (1) | Respond to of 26752
 
I see. It gapped up into the upper bollinger band.

I'm gonna take a wild guess that you know of a 'rule' for that kind of action.

Sorta like a gap up above a major Moving Average is not sustainable?

But BUD? One of the worst beers on the planet?
On the other hand, it's cheep, and with the economy and layoffs as they are, there's nothing like cheap beer with your chips. Reminds me of the Penn State days where some of the bars sold Rolling Rock by the case...that's AT THE BAR. You buy it, take it back to your table and drink.

I move out to California, and Rolling Rock is in the premium beer section. I couldn't stop laughing.