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

To: ItsAllCyclical who wrote (14054)6/7/2002 12:59:53 PM
From: waverider  Respond to of 36161
 
We tested that area three times before and it held on the way up. It also roughly corresponds to the uptrend that started in November (excluding the 3/8 correction).

Since we have now broken the uptrend line that started after that correction on March 8th, I am using the adjusted trend.

But in the final analysis...its just a line in the sand. The bullies can take us out without too much effort I would think...then maybe 72.

wr


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