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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (132116)4/25/2006 12:59:39 PM
From: Henry J Costanzo  Read Replies (1) of 209892
 
Hi SNS....Good to see you aboard today...

Re BLDP will....as indicated...watch for some basing action...One thing I'll be watching also is any possible gap-filling ...I see a small unfilled gap from 8.77 on the 19th. Seems too far away.....but worth keeping an eye on.....

(As you know, I will be looking for a wiggle DT break somewhere to put me in.....LOL)

Thanks for the sentiment info....which i really have never mastered, nor understood..gg....Certainly a marked shift in the position of the commercials....Interesting also that large specs have moved so heavily net bullish......providing sheep for the slaughter ??

As you may recall, I was until just recently calling double top in oils....Obviously missed that, but still tend to think oils may correct for some time.....as you put it...and some distance...gg Based mostly on "gut'......newscasts filled with weeping/wailing/and gnashing of teeth over the high price of gas.......and that usually indicates a top..LOL

What do you think of my favorite whipping boys today......TNX. TYX, and TLT.??... Really being slammed......and hard!!
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