Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 47.77

-0.5%

Dec 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: da_cheif™ who wrote (16094)	5/26/2004 6:38:18 PM
From: ajtj99	Read Replies (1) of 207275

da, other than a minor pullback from the $41 area, I really don't see much of a compelling short op there. Here's the WTIC monthly chart showing an inverse H&S measuring to $63 and a few other formations that measure in the same vicinity: stockcharts.com[h,a]maclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G 30% of the increase in the price of crude is due to the weak USD. If you're short the USD and long copper, shorting crude would seem to serve only as a hedge.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next