Monday, June 28, 2010

Lets look at the same momentum indicator with different measures......

Looking at this you see, while the CCI indicator is in a low space, it still has room to run to the downside, which means, to me, two things. ONE, the pain is not over yet. TWO when it is, it will be a good cycle buying move EXCEPT should we experience a still stronger downward trending channel. As at any casino, you pay your money and take your chances.......

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