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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (132474)5/5/2006 4:18:05 PM
From: IHateSourCream  Read Replies (2) of 209892
 
>>Sorry IH...."overhead" in that it has generally remained above price, and prevented any breakthrough of any magnitude and duration for some 4 months now....<<

Thanks mc. I should have known better than to question the master! <g> My apologies!

>>Question is whether it can move much further against the powerful negative force of the falling 200d....or be turned back again, as in March...<<

So it looks like 48.50/49ish would be the key area?

stockcharts.com

I'll wait to see if it can break through that resistance. I appreciate your thoughts mc. Very helpful.
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