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2,599 Posts.
1713
24/02/10
17:34
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10cents,
You posted a chart and you have your reasons so good on you -no complaints from me -only compliments.
If you look at Dec 17th, MACD lines were also bearishly diverging.
Should auger well for the future if you look at the SP to 12th January, from a low of .017 to a high of .051.
Fundamentals are great for market phsycology -but they can't always predict the future.
Cheers,
John S.
PS. 247, I agree that we shouldn't take anyones word as gospel.
PPS. BG, fair comment.
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