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 : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: gold 77 who wrote (11434)	5/19/2006 8:45:46 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 12411

gold 77, Here's a chart Dow cash market stockcharts.com Now that options experspiration is over... an the boys have picked the longs pockets and shaken out the weak hands, we can look for change in direction... There's good reason to believe from this chart we could see a swing low begun on todays close. It's a nice looking reversal bar right in the middle of technical support. Also, the internal studies I do... show that these dow stocks are close to being oversold... and are ripe for smart buyers to get back in... Finally... my forward time studies support a trend change at least by middle of next week.