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: Galirayo who wrote (126575)	12/1/2005 9:09:29 AM
From: The Freep	Read Replies (2) \| Respond to of 209892

Ray (and everyone)... whatcha make of XOM here? stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G That's a very clear 5 wave move down off the top after a very clear 3 wave move up. Now we've had a sorta choppy move off the 54.22 low that's retraced 50% of the down (plus 34 cents). Similarly, VLO looks weakish to me... stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G Or maybe it's some sorta bullish triangle? Last move down was almost 26 points which would mean a similar move off the 111 high would take VLO down to 85...and the 200 dma. Neither of these agree with your bullish oil take here, so I'm curious if you've got other interps. the freep