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To: Steeny who wrote (13977)4/29/1999 1:09:00 PM
From: rodney beasley  Respond to of 41369
 
looks like we got buyers for the moment



To: Steeny who wrote (13977)4/29/1999 1:15:00 PM
From: Venditâ„¢  Read Replies (2) | Respond to of 41369
 
I confirmed it using Bollinger Bands and also a chart that RocketMan and I have been discussing which is an early top and bottom indicator called Price rate of Change.

askresearch.com

The fast line turned back positive before lunch.

The bollinger bands I refer to show the possible upper and lower trading ranges as well as support and resistance. We bounced off the lower support. This is a bullish indicator. We should now start to head back up from here.

If you will also notice the candle forming today, it is a good indication we have seen a bottom. You will see that same type candle on bottoms if you start to back track on that chart.

Vendit