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To: skinowski who wrote (124672)10/2/2005 11:08:57 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Lots of stocks made moves last week while I was gone which supports a bullish move overall but I agree the indices are jello.

Some pretty big looking tech stocks are trying to put something together. Notably IBM and hey....EMC?



To: skinowski who wrote (124672)10/3/2005 12:48:55 AM
From: Perspective  Respond to of 209892
 
I think the gyronormous ED remains in play. As hard as I find it to believe funnymentally, it says there's one last minor high in the works:

ttrader.com

We have "a" up, "b" down, now need "c" of "v" of "C".

The same scenario works for most indicies, except the deep cyclicals XLB, where it appears they have already launched pretty heavily into the next bear cycle.

BC



To: skinowski who wrote (124672)10/3/2005 8:36:17 PM
From: Moominoid  Respond to of 209892
 
One thing I am considering is an opening diagonal. Make any sense?

stockcharts.com