Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (7885)	2/15/2002 11:41:31 AM
From: Davy Crockett	Read Replies (1) of 36161

bounced off the 200 weekly ma. Possible breakdown of its multiyear congestion or sideways movement. Everything IMO depends on that trendline... according to the indicators that I "borrowed" from Scott on the Lastshadow thread... Subject 22651 IBM may be close to a breakdown if it closes below its OBV ma & Slo Stochastics remains below 50 (which it just crossed below). stockcharts.com[w,a]waclyyay[df][pb50!b200][vc60][iLg!Lh39,1]&pref=G Note that this is a weekly chart... & it may be lagging Regards, Peter edit: check out the 5 box PnF chart..again trendline support is critical,(from 1993 circa) breaks $90.00-->down she will probably go stockcharts.com[PA][DD][F!5!!]&pref=G lower highs from July/August 1999 Question is: Will lower lows be printed on this chart????

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