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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (5604)12/19/2001 4:22:18 PM
From: Davy Crockett  Read Replies (1) | Respond to of 36161
 
Hi Bob,

Ran out of edit time on SI while I was peering @ the TSEGPM.

Note that if you draw an 'up' trendline from the October 24/2000 lows & connect the "dots" (on the monthly log chart), you will probably observe the following: The TSEGPM is residing on the top of a recently completed triangle (assuming 5000 is the the apex).
photos.yahoo.com

Comments? UP? Down? Sideways?

Regards,
Peter
edit: I say that we are still trending up... but a huge amount of resistance @ 5200. I think 5200 is the key. If the TSEGPM can clear it, then no telling how high it can go 13,000 anybody? <ggg>