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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (125936)	11/10/2005 7:54:21 AM
From: skinowski	Read Replies (3) of 209892

More on OIH -- If (IF) that "C" materializes, 105 level looks like a possible "attractor". At that level C=A... 50% of the rally since May would be retraced... the 200 dma is heading up there.... and the regression channel from the low in Nov 2003 and up to the top last September will cross 105 in a few weeks - maybe by early December. Under 105, the next Fibo (and S/R) cluster is near 100. Again, it's all in the realm of "Ifs"..... but then, what isn't in this game?... -g

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