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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: kodiak_bull who wrote (20738)3/24/2003 3:39:36 PM
From: t4texas  Read Replies (2) of 206184
 
i am using daily charts by the way. for those using shorter technicals i have no comment. about 4.20 looks like the bottom of the november/december uptrend line that rri broke down from very briefly in february. it scooted back above that trend line in a day or two so that was ok. rri has been below that uptrend line since march 10. that is the trend line i am talking about if rri breaks above the triange it finds itself in presently. now the uptrend line at about 4.20 is important to get above quickly, because attempts to get above it normally fail for stocks that have been below it for so many days. that is why i said if rri breaks up above the triangle it's in, it needs to get up above about 4.20 fast.
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