Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (125948)	11/10/2005 8:31:21 PM
From: skinowski	Respond to of 209892

Dec HAL 55 poots at the open Wow, good play... Good luck. I was busy all day, just checking now what's going on... and it ain't pretty in the energy sector. The least bearish scenario for OIH would seem to be the possibility of a triangle "in progress" off the Sept top. More bearish is an ABC - with us being in the 3 of that C. May do a lot of ranging in either case at some point. As I mentioned before, the 105 area seems to be a potential "attractor" - followed by 100. The next level would be at the starting point of the blow-off impulse of the last few months -- 85, the May low. One leg at a time. I'll be traveling until late Sunday... will miss a lot of fun, it seems.... -g