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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (3490)	1/4/2005 6:19:36 AM
From: Walkingshadow	of 8752

Yes, this one could go either way. The chart looks bearish, but the oversold conditions together with OPECs determination to stabilize prices suggests the H&S will not confirm. We could see this resolve into an extended sideways trading range. That would probably be best for all concerned, and most likely that's what OPEC would like to see. T

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