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To: Galirayo who wrote (122234)7/22/2005 10:54:38 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
It did work out, after all... Amazing. I got cold feet on SLB, thinking that it may pull back further - and it did - almost exactly the 38% level at yesterday's low, and now it took off.

I bought more XLE yesterday AM, thinking that the Chinese detaching the yuan from the USd should be bullish for oil. It is not as strong as SLB, but still up ~2%



To: Galirayo who wrote (122234)7/22/2005 4:44:28 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
OSX - A (wiggle) Flat, followed by waves 1-2-3

stockcharts.com[p,a]gaclyyay[d20][pb50!b200][vc60][iUb14!La12,26,9][J55205563,Y]&pref=G

Another breakout in a larger move gone parabolic:

stockcharts.com[p,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9][J55205563,Y]&pref=G

What's next? Some "rest" on Monday, and then more up? Probably. The larger question is - at what point will the larger trend reverse - or, at will have a larger correction? My guess is - probably when the broader markets will top out.