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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (129792)	2/21/2006 3:57:08 PM
From: bcrafty	Read Replies (3) of 209892

Ray, I've been following IVAN lately - nice move today But I can't read much into just one day's action. Depending on how one draws his trendlines, the uptrend from the first of the year is still intact, and if one regards IVAN as vaguely triangulating since mid January, then it's on its way back up. Nevertheless, one could also regard the recent swing up from the 1/26 low as some kind of a B with a C down to follow, maybe ending at stronger horizontal support around 1.58. What's up with ABLE? The downtrend from September was broken with a vengeance today (but like IVAN, today's only one day) stockcharts.com[h,a]daclyyay[dd][pb10!f][vc60][iLah8,17,9!Lh14,5]&pref=G

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