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To: Galirayo who wrote (132698)5/12/2006 12:05:55 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
OSX/OIH.......Don't know about crows...........but think I see UT line from March broken......which ain't good.....

XOI.......UT from March through the late April low holding......but I had noted break of UT line in late April, and thought that move up on May 2 might be "backtesting"...

As you noted.....heavily weighted in SPX.....



To: Galirayo who wrote (132698)5/12/2006 2:48:10 PM
From: T-Lo Greens  Read Replies (1) | Respond to of 209892
 
then S&P 1290 probably won't hold. I would think there would be some bounce first and thus void the 3 crows formation. do you think there's a possibility? $158 on the OIH seems to be holding. even if it gaps down to $155 and fills the gap on Monday it can still bounce back and thus negate the 3 crows. Just some random thoughts... there's no way to determine where OIH/OSX is going right now, it's moving with no logic.