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 : A Deadcat Bounce -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (58)	11/22/1997 1:32:00 AM
From: Jaakko	Read Replies (1) \| Respond to of 97

Analysis of the rate of change of the exponentially smoothed average price suggests the completion of a downtrend. The rate of change is bottoming out and shows signs of increasing. In this market this is a bullish indication that a reversal may occur soon. The closing equity price has reached a 21-day low which is not confirmed by an equivalent low in On Balance Volume. This is a bullish reversal that indicates prices could turn shortly and start an upward movement. The low equity price has reached a new six month low which is not confirmed by an equivalent low in On Balance Volume. This is a bullish reversal that indicates prices could turn shortly and start an upward movement. The Price Phase Indicator is moving to the downside. This is a bearish continuation signal showing that a downtrend is in place and that prices are more likely to continue to the downside than they are to reverse and begin an upward movement. Ed, BTW did you notice the question I made you earlier??? techstocks.com