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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: kollmhn who wrote (6903)	2/22/2002 3:08:35 PM
From: chowder	Read Replies (2) of 206106

The weekly chart for the OSX says you're looking at a continuation pattern. On normal profit taking, the stix say the OSX is going higher. If you'll look at those three red candles that are grouped together about 8 weeks ago, the OSX reversed at the 50% Fibonacci retracement line. This indicated the OSX had strength and what you were seeing was normal profit taking. You're looking at a break out here on the OSX. The breakout is confirmed by several stocks breaking through major lines of resistance. You may have some noise dealing with the daily chart, but the weekly shows the over all trend is strong and heading up. stockcharts.com[h,a]waclynay[pb10!b50!b200!f][iut!Lh14,3]&pref=G dabum

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