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To: Roebear who wrote (67131)5/26/2000 2:21:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 95453
 
Roebear,

Thanks!

Here's another interesting way of looking at things, technically.

At the moment there is a war going on between bulls and bears. We can see it in the charts of a few industries that have formed rounded tops. See chemicals, banks, consumer and drugs, for example......are they going down, or will they break out?

Chemicals, banks, and consumer are at/near resistance of the curve. Drugs, a traditionally defensive sector, has broken out at ~350/375.

Chemicals:
bigcharts.com

Banks:
bigcharts.com

Consumer:
bigcharts.com

Drugs:
bigcharts.com

Paper: (at/near the apex of a diamond....)
bigcharts.com

Energy is also at or near resistance levels.

OSX:(pulling back, but if oil breaks out service should follow)
bigcharts.com

XOI: (I think trying to break out here...)
bigcharts.com

Some kind of fun, huh?...!

ajmho
E Graphs