GREY:SLKEF - Post by User
Comment by
checkon Aug 09, 2007 7:55pm
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Post# 13224914
RE: Dividend/surething
RE: Dividend/surethingThe way I see it:
Looking at LBE, the bollingers have narrowed considerably, telling that perhaps the share price has stabilized, however ISM's are still all over the place, indicating to me that share price is still volatile, and will remain so for the near term.
Of course an argument can be made concerning the ISM long term trend line, but since ISM has exceeded its Fibonacci limit on it's retracement from its peak, I think it's fair to assume that ISM maybe in the early stages of a long term down trend. Charts can not always be relied upon, especially in low float situations such as ISM and LBE, but do give an interesting perspective.
I have found an excellent indicator, not mentioned above that tells me when to short ISM. I will disclose it "next thursday" !!
The best
S
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so surething tell us what is this indicator that tells you when to short ISM ..... today is thrusday is it not ....... or are you just like millwrong
come here and just blow your LBE moose manure horn .........
.... still laughing millwrong