CVN 0.00% 16.5¢ carnarvon energy limited

looking like the fall is over., page-46

  1. 5,696 Posts.
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    Shorts dropped to 3% Friday, with massive volume, created a nice washout, with a matching low candle today shows a bottom. But On Balance Volume has some more to drop to match March 09 levels. Sp might stay around these levels for a little while while the DOW sorts itself out. Might wait until my Money Flow Index hits dead rock 0 before I make a move, or there's a substantial volume on a move up. Like you EL I bought more at 24c when I thought a saw a bottom there.
 
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