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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: excardog who wrote (26543)	10/21/2003 4:27:06 PM
From: chowder	Read Replies (1) \| Respond to of 206085

Cardoggie, I own RRI and have it stashed away in an IRA. I don't plan on selling it but, I must admit, the charts aren't very supportive at this time. My software package provides me with indicators I can't get on Stockcharts. When I look at money flows and volume patterns and gauge them against linear regression lines, the outlook doesn't instill confidence in me in the near term. Every time frame I look at presents a negative picture, 3 day charts, 6 day charts, 9 day charts, every time frame shows money flowing out of RRI. If the 50 dma doesn't hold, it could get ugly because the money flow indicators are already suggesting support is going to be weak. Of course, the situation can improve in the next day or two but, as of today, money flow patterns are suggesting RRI is going to drop further. I'm not going to sell my shares but, I thought I'd pass this information along as a FWIW for those who are interested. Daily Chart: (Note how close together the 150 and 50 dma are. If it breaks above these moving averages, then that will be bullish!) stockcharts.com[h,a]daclyiay[pc150!b50!f][vc60][iut!Lb14!Lc20]&pref=G Weekly Chart: stockcharts.com[h,a]waclyiay[pc20!b50!f][vc60][iut!Lb14!Lc20]&pref=G dabum