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To: skinowski who wrote (126939)12/12/2005 8:58:15 AM
From: Galirayo  Respond to of 209892
 
>>MACD has plenty of room until it makes a diverging lower top... which gives the price a chance to make a higher high, no?<<
True but the Daily provides the other part of the puzzle. The 89 and the 50 are falling and showing a crossover. 60.35 and 60.47 will provide some Heavy R.

This is going to be the Clash of the MA Titans. Which ever way it finally decides to go .. I think the Volatility will be more than the recent norm.

stockcharts.com

Will the strike and horizontal at 60.00 turn out to be Support or R ? It's making a Big Dagwood Stick Sandwich there. lol



To: skinowski who wrote (126939)2/9/2006 10:40:18 AM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[GLW] Ski .. it's interesting to Note that the Red or Down Aroon just touched Bottom and is now at Zero.

According to the way the Arrons are to be used .. when they move in Tandem .. it's a Sideways move.

In Theory .. That Bottoming of the Down line should put and End to the Sideways move. IMHO

stockcharts.com


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