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Worden Discussion Forum » General Discussions » Stock and Market Talk » SYX

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raaja
Posted : Tuesday, June 19, 2007 5:39:26 PM
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Joined: 12/23/2005
Posts: 41
 any one have any opinion on SYX, the chart looks good, with climbing TSV
thnx
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Apsll
Posted : Wednesday, June 20, 2007 2:28:21 PM

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Joined: 3/21/2006
Posts: 4,308
 Raaja: I would not say that TSV is climbing, it looks more like it is leveling off after a decline.

Scroll back in time to 5/18/07 and see how TSV 18 is climbing. Now plot OBV in the bottom window along with money stream and scroll to 5/21/07 View all this on zoom 7.

This is what you should be looking for in these indicators. They show that some action is building from a little bit before 5/18 and that you should be in the stock by 5/21

All just my opinion...
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Apsll
Posted : Wednesday, June 20, 2007 2:36:44 PM

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Joined: 3/21/2006
Posts: 4,308
 Keep in mind that I am not saying this stock will not rise. I am only saying that the indicators looked better in mid May.

If you are looking for indicators to help you pick stocks ready to move, then what I stated in the above post is what you should be looking for. As Tobydad says (put the odds in your favor)
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