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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (123077)	8/18/2005 10:33:00 PM
From: The Freep	Read Replies (1) of 209892

I dunno from forks, Ray. To me, that fork hasn't defined anything. We've never hit the mid-tine or nutting. What I see is the bottom line of the proprosed fork is an uptrend line. Period. The end. Yes, XOM could/should bounce of it. I don't think the stock is doomed, for certain. But if it takes out that line with any volume, I'd be shorting. I happen to think it bounces tomorrow/early next week. To where? Gotta watch how strong it is. If JJ was right that this was a C down, then it's off to da mooooooon. If it's just a retrace, bulls are in trouble. the freep

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