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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (1288)3/8/2006 6:06:58 PM
From: Moominoid  Read Replies (1) | Respond to of 2852
 
Yeah by $10 from $500 to $490.

The oscillators do look that way:

stockcharts.com

But today's candle closed pretty much at the open and my own indicator gave a buy at the February low that hasn't been negated (but not neccessarily reliable). On an E-Wave basis we now have a complete ABC correction since the CFO goof. And that is wave B down of the wave B up we are in since mid Feb. Also nice big gap above to fill. But yes I am being cautious and only a small position.

McClellan Oscillator heading to oversold territory today. Another good sign to go long...