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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (731)7/2/2004 2:40:11 PM
From: Sergio H  Read Replies (1) | Respond to of 1404
 
Bernard, it all depends on how you draw trendlines, but I have the June 25th high of 11.90 breaking the Jan. downtrend. If we use closing prices, then I would agree with you that the trendline wasn't broken.

The was I read the chart, there's an explosive move coming up but I don't know the direction. I also have a small position, looking to add if EMC can reverse its course and naturally will pull out if the downtrend continues.

Have a great weekend. Going to see some fireworks?