The poster indicated that NFI was under the 50 and 20 SDMAs.
When somebody posts that all the technicals are bullish as happened in msg 286694, clearly that doesn't mean ALL the technicals. Rather all the ones the poster follows or feels relevant. Some flavors of OBV, RSI, BOP, MS, and TSV are negative as well. (Last 3 are TC2K5 proprietary)
It was noted in the thread that the poster inadvertantly switched to EDMAs from SDMAs and corrected it in the thread.
You are right. There is need for caution. I expressed it when I first came on the board when I suggested waiting.
Part of what we are seeing here is a difference in time frames. I believe your time frame is longer than some of ours. sherry likely followed if not traded your time frame.
Looks like another day has gone by without a buy signal from the 10/20 EMA crossover rule.
Thanks Grump. Always good to see another input.