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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: gongoman who wrote (91426)	5/24/2005 2:22:43 PM
From: bcrafty	Read Replies (1) \| Respond to of 100058

You're crazy <g> Just kidding. I note that the down trendline on the daily chart from the March $HUI high might have been broken today (depending on how one draws his trendlines) which is a good beginning. On the weekly chart the down trendline from last tear's top is currently around 225-230, and the steeper trendline connecting November's top with the March high is around 205, so we'll see what happens when it gets there. Nevertheless, a run from here to 205 would be nice. stockcharts.com[h,a]waclyyay[df][pb7!b17!f][vc60][iLa12,26,9!Ld20]&pref=G I was looking for an IT bottom in the 153-155 area, thinking that the wave down from the March high might be a five waver. What else are you playing other than commodity stocks these days?