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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (131953)	4/19/2006 2:22:51 PM
From: Henry J Costanzo	Read Replies (3) \| Respond to of 209892

NGAS.....Ray-o.....my voodoo giving at least a "Ready... Set....." right now........... and some braver, more venturous souls than I might even take that as a "GO". We broke a DT line from the early Feb high on Monday, with a smidgen of growing volume, and also wound up above the 50d MA...We have at least a small UT in force since mid-Mar, But I would, myself, wait for a clearer, more forceful, go: Break that DT line from the October high; break above the 200d MA; and do all that with enough volume that would at least remind us of the heavy volume we saw in the second half of September. THAT would give some promise of something more than a token advance..... Patience...a prime virtue in my Voodoo...LOL