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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (136844)	9/27/2006 2:15:41 PM
From: stkboy1	Read Replies (1) \| Respond to of 209892

It wouldn't surprise me...LOL...however it is still within the broadening formation, the hourly RSI is now starting to weaken, it still has to take out the 200 daily ma and the whole thing from the August low sure looks like a flat correction and a possible bear flag to me. I guess there is no hope for me..vbg I seem to recall that our conversation started as you said "The TRAN seems to be benefiting from the lower price of Crude but what about it now as crude is starting to make a rebound? I really don't know but I was able too see a descending wedge on ECA and whilst it is doing well (despite the inventory data) I'm not so sure the bottom for crude is in or not. investorshub.com