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To: skinowski who wrote (101095)7/11/2004 6:34:45 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
I agree that 87 is a very key point short-term. Firstly its important to recognize that after breaking out of its big downchannel off the 2002 highs in May, it fell back inside (bearish!). Now we have that 87 level which needs to hold if its just basing for a major move up, I am skeptical and think its heading to new lows.

And doesn't it look like the POG could be heading into a 'iii' of 3 up here on the dailies?


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