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Message: JAG and the Technicals, MA Cross

Ok, looks like there is some topping going on here so likely will see some profit taking.

Today the 14 and 50 day MA's have intersected. Should profit taking happen, it will likely not drive sp below the 14 day MA of 5.35, and if it does this should still hold above the last low of about $5. If it drops below that, technically, all bets are off. if it holds it will be a very safe entry point. It is more likey that, because of this mini-Golden Cross (maybe a Silver Cross?), that sp holds above, or right around, the 14 day MA and continues up in cycles.

No guarantee with technicals as news will always trump them.

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