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To: skinowski who wrote (137602)10/18/2006 2:42:43 PM
From: Galirayo  Respond to of 209892
 
Thanks Ski .. the OIH has overhead R on the Falling 50dma and Horizontal. The 144dma is falling as well and ready to crossover the 200. I also see an Aroon crossover showing an uptrend .. however long it lasts.

stockcharts.com

On the Weekly it was repulsed by the 13WEMA .. which to me says Strong Down Trend. So it's not out of the woods by any means. Horizontal near 118 was previous support and I tend to think it'll retest that after Expiry.

The 200WMA is near 92.00 still waiting for it to arrive there after a Pit Stop on the 144 WMA now near 105.

stockcharts.com

I wonder if the Analysts are Still Over Optimistic on the Sector?



To: skinowski who wrote (137602)10/18/2006 2:59:47 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[XLE] Ski the XLE looks totally different.

It's sittin right at a R Fulcrum Point on the 50WMA at the moment. That H&S may still be in play.

stockcharts.com



To: skinowski who wrote (137602)10/18/2006 6:02:35 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[WTIC XLE OSX] Ski if you have time ... Dink with this chart and see what you think. There is a bifurcation .. and one of them is leading .. but which one?

XLE has Utilities in it doesn't it?

Maybe I should have used the XOI ?

stockcharts.com

It should show 10years of WTIC / OSX and XLE.