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To: Galirayo who wrote (137703)10/20/2006 12:31:57 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
OIH...Agree that could be a reverse symmetrical...but a reverse symmetrical in a declining trend is bearish..no ?



To: Galirayo who wrote (137703)10/20/2006 6:46:05 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
OIH and XLE still look vulnerable... could go either way. I think if the broader markets will sell off, they will take down energies as well... due to recession concerns, inter alia.