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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: hobo who wrote (5098)3/8/2001 7:05:07 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 15481
 
In PnF parlance, XNG is in a bullish catapult. Very high reliability of further upward pressure. However, It is also coming up to a double top. If XNG doesn't take out the top at 272, we would be setting up for a pattern very similar to the lower top we saw on the naz last year. Summary: Bullish pattern, but it looks toppy to me.

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