Right....so as I predicted, the price is going up and the board is back in full "Go PTK!!" mode.....I swear, I would write a thesis on these observations....If I knew what a thesis was.....or how to write one.
Looking at some of the T.A. explanations by Sparky and some others made me want to slap them (kidding), but it did motivate me to post a simpler, easier and more layman friendly explanation of how the market works;
When stocks are down:
When stocks are up:
The only problem with the stock market is....it's full of people......Go PTK!!....or not....you know.....whatever.
I now return you to your regularly sheduled program.
MC