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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (82904)3/28/2002 8:18:18 AM
From: John Madarasz  Respond to of 99985
 
older chart...

light crude

stockcharts.com



To: Casaubon who wrote (82904)3/28/2002 3:54:07 PM
From: isopatch  Read Replies (1) | Respond to of 99985
 
Thanks. Although I don't agree with you about energy

Assuming for a moment that you're read is the right one, and ole Iso ended up in the right place (energy) for the wrong reason? Guess, all I can say is, "I'd rather be lucky than smart."<G>

OTOH. Let's take my read a step further, for the sake of disclosure only (I've got to run and really don't have time to discuss it in detail)

*Maybe a bit more strength in energy, next month. But then, I'm looking for an important correction there, in the 2nd quarter. That will get the bears shouting and stompin' with the double dip thesis being pumped and shouted everywhere at ear shattering volume. Once that happens? Ole lucky iso will be reloading the pickup for another strong rally into Sept.*

No guarantees, folks. JMVVHO. The value of which will, as always, only be known in the fullness of time.....

But should also add that after doing this as an independent professional investor since 1986 - with primary focus on the energy sector - ain't gone broke yet.<G>

Best regards,

Isopatch