Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (10012)	7/2/2002 1:12:11 PM
From: Davy Crockett	Respond to of 14101

Hi Jim, Cush has a great thread! I learned an awful lot of stuff, from Cush and his thread, even though the tuition was pretty expensive @ times... Re: DMX.to yur right, it was more or less based on the TA <<This chart can't get any worse!">> Just kidding, seriously DMX.to looks oversold, & poised for a rebound based on both the hourly & daily chart. HOURLY DMX.to: bigcharts.marketwatch.com The 5 day ema crossed over the 21 day ema on Friday & was confirmed by the cross-over of the +DMI over the -DMI. Note that ADX is trying to punch 20, which if it does would confirm the existence of a new hourly trend based on the MACd. DAILY: bigcharts.marketwatch.com The daily chart suggests that DMX.to is oversold based on the -DMI crossing under the ADX. Note that the ADX appears to be topping out around 40 suggesting the previous downtrend is weakening. Since the ADX is above 20 it is suggesting that the MACd is the indicator to watch... Also note that the MACd is registering a higher high compared to last Oct 01 which is suggesting that selling pressure is abating. All FWIW & IMHO only. Regards, Peter