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	<title>Liberty minded politics, Ron Paul news, sound money &#124; toastyaroma &#124; politics and news for the liberty minded &#187; BIDZ</title>
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		<title>BIDZ buy alert update</title>
		<link>http://toastyaroma.com/blog/bidz-buy-alert-update/</link>
		<comments>http://toastyaroma.com/blog/bidz-buy-alert-update/#comments</comments>
		<pubDate>Tue, 25 Mar 2008 21:59:12 +0000</pubDate>
		<dc:creator>Jeff</dc:creator>
				<category><![CDATA[investing]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[BIDZ]]></category>
		<category><![CDATA[bidz.com]]></category>
		<category><![CDATA[technical analysis]]></category>

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		<description><![CDATA[Since I called the support level on BIDZ at 7.19, my pick is up 10%.
My technical analysis of BIDZ today:

Bollinger bands squeezing.  This usually means a trend change is eminent.
Moving averages are converging.  The 5 day, my favorite moving average, is close to crossing above the  10 and 20 day moving averages.
MACD looking bullish, the [...]]]></description>
			<content:encoded><![CDATA[<p>Since I called the support level on BIDZ at 7.19, my pick is up 10%.</p>
<p>My technical analysis of BIDZ today:</p>
<ul>
<li>Bollinger bands squeezing.  This usually means a trend change is eminent.</li>
<li>Moving averages are converging.  The 5 day, my favorite moving average, is close to crossing above the  10 and 20 day moving averages.</li>
<li>MACD looking bullish, the fast line is close to crossing above the slow line.  MACD is still edging toward the zero line, and a cross above would be a bullish signal.</li>
<li>Today&#8217;s close is still holding the 5 day moving average.</li>
<li>Forming a rounded bottom.</li>
</ul>
<p>BIDZ moves somewhat with the DOW/S&amp;P, and today saw some selloff because of <a href="http://biz.yahoo.com/ap/080325/refiners_sector_snap.html?.v=1" title="Sector Snap: Refiners Mixed As Oil Dips">negative news on oil refineries</a>.</p>
<p><img src="http://bigcharts.marketwatch.com/charts/big.chart?symb=bidz&amp;compidx=aaaaa%3A0&amp;ma=4&amp;maval=5&amp;uf=8&amp;lf=268435456&amp;lf2=4&amp;lf3=16&amp;type=4&amp;size=1&amp;state=8&amp;sid=2359635&amp;style=320&amp;time=6&amp;freq=1&amp;comp=NO%5FSYMBOL%5FCHOSEN&amp;nosettings=1&amp;rand=6966&amp;mocktick=1" alt="BIDZ technical chart" height="392" width="430" /></p>
<p>I am not a financial adviser.  Never buy or sell stock based on my recommendations or analysis; do your own due diligence and consult your financial adviser.</p>
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