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Strategies & Market Trends : Classic TA Workplace

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To: 2MAR$ who wrote (136116)	8/31/2006 7:41:14 PM
From: skinowski	Read Replies (1) of 209892

Agree for the most part... but I wouldn't dismiss Ahmadinejad and the "mahdists" so quickly - one day they may "test" a nuke, and the history of world will change forever. I also thought that Iran and hizballah miscalculated when they attacked israel, and that all they'll get for their trouble will be 15K of peacekeepers as a thorn in their side... but it's seldom a mistake not to take UN and their forces too seriously. It can be that they will be less effective in disarming hizballah then in serving as an impediment to the Israelis - if they have to fight again. OIH - the decline was choppy so far... it actually looks more like a bullish consolidation. But it also may prove to be one of those multi-headed (or multi-shouldered -g) reversal formations. Looks like the support at 130 could be pretty important.

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