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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (4876)4/9/2007 8:59:16 PM
From: Uranium2007  Respond to of 50461
 
That is called the Relative Strength Index, and it can run on top. More importantly, pay close attention to the MACD (bottom indicator). It only just recently crossed over and up...has a ways to go before becoming "overbought". The momo is clearly in the Uraniums...and it was in the charts months ago...*if* you correctly identified the bullish pattern setups. FRG is doing precisely what it should be. In just over six weeks, I've made a tidy $377K in the u's, and I have only sold 50% of my holdings. FRG remains my largest holding by a wide margin and I was buying during sliders "short this garbage" posts here. I lurked and stayed that way. Do do anything otherwise would have put the bad mojo on my trade.

Today was fanatstic for the u's...I think Goldman may be behind it...at least, I'm hoping for suck :)