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

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To: Cogito Ergo Sum who wrote (35430)	9/30/2004 8:30:29 AM
From: chowder	Read Replies (1) of 206092

I think there are several indicators that will provide support for an OIH at $78. There is the middle of the Bollinger Bands, a 20 day moving average and there was enough buying down at those levels that will provide further support. Note the horizontal bars to the left of the chart. The green shaded bars represent the amount of buying volume at each of those price ranges. In the last month, you had a lot of buying volume around the 77.50 price range. I think that will help provide downside support. stockcharts.com[h,a]dhclyiay[da][pb20!i!f][vc60][iut]&pref=G dabum

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