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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (5747)3/2/2005 9:10:28 PM
From: Jill  Read Replies (1) | Respond to of 8752
 
Reid, didn't you know your two threads are entangled? -g



To: Venditâ„¢ who wrote (5747)3/2/2005 10:32:50 PM
From: Walkingshadow  Respond to of 8752
 
Light crude blew open the BBs and is now testing final resistance before a blue sky breakout.

futuresource.com

I am surprised, I thought it would correct first before challenging these levels. Looks awfully strong, but still it is overextended.

This will tend to drag down the indexes.

In addition, volume patterns today were much more like what we've seen all year---that is, rallies are met with a surge of volume that stops them in their tracks.

These two factors are consistent with downside tomorrow, which I know you've already posted about. I think you are correct.

T