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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (141359)	2/16/2007 7:15:30 AM
From: skinowski	Respond to of 209892

Anything can happen here , but breakout was not happening now I think this says it all, really. I like that OIH retraced 62% of its advance since early 2005 -- and 38% of the bull market since 2001. Those are nice levels for a correction. But there is no evidence for a breakout. Maybe it is building a large triangle? That's a possibility. Fundementally, I think, it is a good bullish play - unless one is a big believer in corn based booze. Commercials seem to be more positive on the stuff recently: softwarenorth.net