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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (6644)5/10/2005 11:58:08 PM
From: robb3267  Read Replies (2) | Respond to of 7682
 
Hey Ray

Nice objective entry on NOV...lets hope these all crater so we can afford to fill up our tanks <g> I'm sure you've noticed but many commodity stocks continue to get get annihilated lately. Take a look at STLD....PD....NUE...if oil continues lower in the days ahead I think concerns with inflation are overblown per the Fed.

Horrific volume trends here...

stockcharts.com[h,a]dhcayiay[dc][pb50!b200!f][vc60]&pref=G

Almost cut in half in 2 months...

stockcharts.com[h,a]dhcayiay[dc][pb50!b200!f][vc60]&pref=G

NUE raised guidance about 7 weeks back....its been all downhill since...

stockcharts.com[h,a]dhcayiay[dc][pb50!b200!b20!f][vc60][J49974100,Y]&pref=G

Good Trading....Robb