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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: Bert who wrote (35230)12/3/2005 2:55:57 PM
From: SwampDogg  Read Replies (1) | Respond to of 60901
 
That 'cup' on the $TSX is a stretch and we may have a complete 5 waves up from big low.
Energy stocks are having a great bounce here but the volume is terrible. This looks like a 'c' of a larger "B" of an even larger correction in the secular bull and once this shock of winter actually being here is over the risk is for another big leg down. The real buy is sometime in 2006. Oil may be in the high $40s.
I am long some energ here but the above seems the most likely unless volume really improves.