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Strategies & Market Trends : The Swamp

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From: SwampDogg4/3/2008 8:25:31 PM
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Looking at stocks like this it looks like we are going to have one heck of a move in one direction or the other in the coming weeks. Blow off or failure...

stockcharts.com

FWIW iH&S measures to almost $150 and the bullish case is that this is a Wave 3 off the Jan low (probably a iii of (3) of 5).
Copper is a hint on where gold and silver are going. IMO there is very little bearish to see in the copper chart. May need one more little pullback to the 350 area but that $5+ looks good for the coming months

stockcharts.com

And the big kahuna that everybody keeps bashing even though it will not go down. Weekly MAs coming up to provide nice support and this looks like a move to $150 may be on for this summer, Maybe one more test of the 99-100 level

stockcharts.com
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