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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: chowder who wrote (5747)10/9/2005 6:50:14 PM
From: XiaoYao  Read Replies (1) of 13449
 
Dabum,

When looked at CHK chart, do you see any similarity or difference between last week's sell off vs. Aug.10 - Aug.17? After previous sell off, the price went up 40%+ before last week. MACD and other indicators are looked similar, of course, this time the volume is much higher than last time. Why do you think this time would be a down trend (up only for 1-2 days) rather than like last time?

Thanks
XiaoYao
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