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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (20225)	11/8/2001 4:00:58 PM
From: bcrafty	Read Replies (1) \| Respond to of 209892

Allan, not quite broken yet I drew my lower trendline starting with those three skinny red lines you see at the bottom, and although we're getting close, today's close doesn't look like it will fall through just yet. stockcharts.com[l,a]faclyymy[d20010101,20011001][pc5!c8!b13][vc60][iLp14,3,3!La12,26,9] Nevertheless, if we can stay overbought for such a long time this week (in this 30 minute chart anyway) then maybe we can stay oversold for a while and break the trendline tomorrow.. I don't know, but even though we need to let a little air out here I would be a little surprised if we stayed oversold for even a day, considering the recent rallying. Pretty good volume today. Do you draw any conclusions from it?