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To: Shack who wrote (123104)8/19/2005 2:49:33 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
,,.....market is sleepy...........hope this is the move that leads the charge to new highs .....>>

Meanwhile........back at the ranch.....g.......can SOX be quietly continuing the topping process I've been yakking about...???

Led by the biggie....dear INTC.....which has just now taken out all Jun/Jul lows, not even looking back on the shattered, falling 50d MA "support"....Now taking aim at overlap of Mar 25.47 high ??..................Color it purple.....??.....lol



To: Shack who wrote (123104)8/19/2005 3:00:07 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
BSC... I think it has a potential to break out, but , of course, who knows.

stockcharts.com[p,a]eaclyyay[d30][pb50!b200][vc60][iUb14!La12,26,9!Lyb20,2.0]&pref=G

Going from an hourly on BSC to a monthly chart of DCX, I think this is a good illustration that we are probably in a secular Bear market. Shorter term, it is a great breakout, but in the larger picture, it is still part of a correction of the great fiver down:

stockcharts.com[p,a]maclyyay[pb50!b200][vc60][iub14!la12,26,9!lyb20,2.0][j57291227,y]&listNum=1

Indeed, if it returns into the range, it is probably a good short.