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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (10119)1/14/2002 5:35:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 23786
 
Oil prices have taken a huge fall the past couple of days.
bloomberg.com



To: Jorj X Mckie who wrote (10119)1/14/2002 5:38:04 PM
From: Rich1  Respond to of 23786
 
stockcharts.com[m,a]daolyyay[pb50!b200][vc60][iUb14!La12,26,9]
Draw a trendline from the last low of the Dow straight across 9875 is the bottom of the triangle.
If it holds the DOW should go higher..
Obviously its a pretty good Buy point..
If it doesnt look out below...
Edit...We had the same type of triangle from Dec 1 through the middle of the month and it exploded pretty good off of it..