Thread: Time to buy
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Old 10-16-2007, 04:51 PM
NewMoney NewMoney is offline
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Join Date: Sep 2007
Posts: 64
Re: Time to buy

If you're a chart reader the chart said to get out of FCX on October 14. Which means I would expect the stock to keep going down in price for a while.

On RIMM the MACD crossed on October 15 and the Stochastic crossed on October 10. Those are 2 sell signals that are supposed to portend a decline in the stock price.

The market has been so volatile though that I don't know if the charts can be trusted or not. I'm still learning. But according to the charts both stocks (for what its worth) should be declining in price.
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