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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (70417)2/27/2005 5:34:43 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Hi Bill,

System whip sawed again. My system has gone to a buy. However, we have not broken above the resistance level of this trading range. The longer we stay in this trading range the more whip sawing signals my system gives.

One key unresolved factor is oil. Both gasoline and heating oil are breaking down; yet, oil is inching higher. How this resolves this week will probably determine whether we break out of the trading range.

Skeet