StockFetcher Forums · General Discussion · municipal funds support level fallout<< >>Post Follow-up
screenulator
6 posts
msg #75426
Ignore screenulator
6/14/2009 5:40:31 PM

Lots of support level break down for municipal funds now has deeply penetrated its bottom trendline. Symbols like VPV, NKL, NEA, NCA, NBH, NAD, NAC, MYF, MYC all have the same pattern. Most of these initial break downs were detected much earlier by screenulator.com . For example, the initial breakdown for MYF was detected as early as June 3. see http://www.screenulator.com/cgi-bin/search_symbol.cgi?symbol=myf
I believe they are deep in the mud right now, maybe the bottom is near, and retracement back to the support level is coming soon. I believe this will happen next week, most of them will form a bottom next week, and I will pick them up as they are close to the expected bottom value determined by my trading system calculation.


StockFetcher Forums · General Discussion · municipal funds support level fallout<< >>Post Follow-up

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