Posted On: 03/16/2012 9:23:54 AM
Post# of 16810
If the SS remains the same, we will breakout regardless. people who follow the technicals don't care about fundamentals. Once the chart gives a buy signal, you will see the momo and the volume. Whether the higher levels will sustain or not, this is a different story. I think we will run next week. If you look at the chart, when the 50 MA crossed down the 100 MA, we have been in a very lengthy downtrend, the reverse is about to occur when the 50 MA crosses up the 100 MA as long as we don't have bad news.
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