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To: chic_hearne who wrote (22111)9/27/2000 10:47:36 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
The draining in OEX continues unabated. What a nice trend. I don't use indicators much if at all, but I would think the ADX on that puppy in, say, 30min timeframe is pretty strong. Yuck.

XMI chart is playing with fire this morning and I see the DOWn has turned to meet it in red country for the moment.

heinz: Could crude starting wave 5 up here? (What do I know from waves?)

(Another short Bud trade there in the channel I described earlier. Since the gap up we have made a series of lower highs and lower lows. Not good at this point in chart imo.)