EXT excite technology services ltd

downtrend broken?, page-2

  1. 12,639 Posts.
    >If it holds today, it is telling me that the down trend might be broken by simple trend line break. This will also be bollinger band initial breakout and more importantly penetration of the 50day SMA


    AJ you might be right. I don't ever deal in absolutes as anything is possible with the right mix of global variables and company announcements which change rapidly and that means that you have to change along with it as well.

    Someone missunderstood me today when I mentioned $6.69

    It's hard to explain to people that don't understand however that doesn't mean that the price won't go down below $5 and certainly doesn't mean that I have changed my tune. You just have to follow the trends and yes the trend can change at any time.

    >Judging by your post in the HC forum, I think you are doing better with the more speculative end of the stock

    AJ,

    I'm not in any speculative stocks, just producers.
 
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