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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1006)10/12/2007 3:04:11 PM
From: Jibacoa  Read Replies (1) of 1404
 
IIH & the "Octoberphobia".<g>

bigcharts.marketwatch.com

With today's reversal & UG of the IIH is a good time to read again Jeffrey A. Hirsch note on the Trader's Almanac, as quoted recently in MarketWatch

marketwatch.com

It seems prudent to see if the IIH will decide to close today's UG & wait also to see how it will handle its resistance at the $6 level.

bigcharts.marketwatch.com

But in spite of J.H.'s advise for "auto sell" at $7.50, it seems it has plenty of room to run if there is a general change in feelings about techs.<g>

bigcharts.marketwatch.com

Bernard
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