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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (125926)11/9/2005 9:47:06 PM
From: skinowski  Read Replies (3) of 209892
 
GIS... I see your structures. Slow, but interesting... -g.

What do you make of OIH? The decline from the late Sept top (hourly) was corrective, I think... But what about the rally? Looks like a zigzag. If that's the case, it is about to hit the 3 of C down. Could be pretty nasty.

That's unless the orthodox low was on 10/19, in which case the rally may be hiding an impulse. But -- I suspect the first scenario is more likely.
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