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Politics : High Tolerance Plasticity

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To: Second_Titan who wrote (9305)	10/10/2001 8:57:52 PM
From: chowder	Read Replies (3) of 23153

Que, I don't have access to Security Trader but I can still look at Stockcharts and see where the OSX stands. stockcharts.com[h,a]daclynmy[pb20!b10!f][iut!Ub14!Ua12,26,9!Lh14,3!Ld20!Lf] The OSX has a little more room to the upside. It meets some serious resistance between 79 and 80. A lot of overhead supply exists there. I assume you'll see some profit taking at that point and some that bought at that level, (the falling knife crowd), will be relieved to have broken even and may cash out. The Stochastics are indicating the OSX is now overbought. The CCI indicates momentum buyers coming into the sector. If a "war premium" is going to have an impact on this sector, it'll show up around the 80 level, in my opinion. It'll help push the OSX through major resistance. We'll see what happens. I've been mentioning the NASDAQ resistance point being the gap between 1629 and 1669. Guess where the NAZ closed! Yup, 1626, right at the point of resistance. Now we find out if this was a bear trap or the real McCoy. dabum

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