SI
SI
discoversearch

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 : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?


To: MACD X who wrote (4352)3/6/2007 2:12:30 PM
From: Davy Crockett  Respond to of 6865
 
I agree... sometimes they walk hand in hand (but not always)



To: MACD X who wrote (4352)3/6/2007 2:20:35 PM
From: Davy Crockett  Respond to of 6865
 
vernie - what do you think of the rally today? Dead cat bounce? or something a little more sustainable?

It feels more like a bounce in the metals market(PM's, base metals etc.)

However, having said that, I'm inclined to keep some of my longs (PM's) & am thinking of shorting some of the base metal stocks & some transportation/industrial stocks... ie: copper/zinc/trains/planes/bios but not nickel/uranium/silver/Gold

I don't think that a one day bounce will fix the technical damage done to the charts.

BWTHDIK