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To: skinowski who wrote (125309)	10/21/2005 9:31:54 AM
From: Galirayo	Read Replies (2) \| Respond to of 209892

[UTY] Ski ... Well 4 months of Gains are wiped out .. and it breeched the 200dma yesterday after it tested it. But I just don't think we'll make it thru the winter without the utilities and they're still paying dividends. Do you see this breaking down any more ... or could it be near a bottom too ?? I think it's a bit over done here. stockcharts.com[w,a]dacayiay[dd][pb50!b200!f][vc60][iut!Ua12,26,9!Uv25]&pref=G

To: skinowski who wrote (125309)	10/22/2005 9:43:45 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

XLE.... Could be an ABC, with the "C" looking rather wedgy it seems this is still in play. On Friday XLE bounced off the upper line of the above mentioned putative wedge. If Friday's high gets taken out, that might be pretty bullish for this index --- at least in the short term. It depends - If the orthodox top was on September 22, then the entire decline was NOt an ABC, but rather an impulse. stockcharts.com[p,a]eaclyyay[d30][pb50!b200][vc60][iub14!la12,26,9]&listNum=1 Note the clean impulsive decline on XOM: stockcharts.com[p,a]eaclyyay[d30][pb50!b200][vc60][iub14!la12,26,9]&listNum=1 But, to keep things interesting, tell me - why couldn't this entire formation on XOM since last February turn out to be a Flat? stockcharts.com[p,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G