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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (16757)3/26/2006 10:54:18 AM
From: Ken W  Read Replies (1) of 23958
 
Ray

Okay, just a short little discussion before I go back out and dig more holes..

"don't look that toppy to me".

Short term there looks to be about a 200 point fall in the making.

stockcharts.com

2325 has been a hard spot for the NASD 3 times now. Over bought/oversold indicators look like it would love to make it this next time for a triple top break, but it is going to take something pretty fantastic to convince "them".

stockcharts.com

This is why I was interested in gold rather then the other two.

stockcharts.com

While the 50 overhead could prove to be short term resistance the oversold condition says neckline at 140 is a better chance and a test of the older 52 week highs in the 150's.

Ken
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