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To: The Freep who wrote (128925)2/2/2006 3:53:50 PM
From: The Freep  Respond to of 209892
 
ERTS Earnings today AH, so I ask...

ABC off the recent high and a 3 up to launch with earnings? Or in the midst of a down wave?

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



To: The Freep who wrote (128925)2/2/2006 4:04:31 PM
From: Henry J Costanzo  Read Replies (3) | Respond to of 209892
 
Looking again at XOM/oilers, etc. You know I have for some time wrongly been sceptical their advances, and looking in vain for fairly meaningful pullbacks....and XOM certainly hasn't distinguished itself in the market for some time now.

Mind you..not ready to say much with any degree of confidence....but..

XOI......has exhausted potential advance arising from the sep-Dec triangle...
OSX....likewise for its Sep/Nov triangle...AND looks like a rising bearish wedge has bee building over several months now......We'll have to recruit a wedgexpert to take a look (Shack?)
XOM/COP/CVX....highs made back in Sept....and nothing to write home about since.....VLO tracking XOI.
HAL/SLB met their potential triangle targets.........pretty much tracking OSX.....

Food for thought..????