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To: Henry J Costanzo who wrote (162329)2/19/2008 12:41:26 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
On that note, the XLE is looking to backtest the lower broken wedge line framed by the Aug and Nov lows. Big test coming for the energy complex.



To: Henry J Costanzo who wrote (162329)2/19/2008 12:42:18 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
So my general market comment today is, as it's been before, where's the volume??? Yes, we broke some downtrend lines and maybe we rock into the close, but volume remains far from 3 up quality. So maybe it's bigger jello or maybe it's just stalling, but there remain a lot of mixed messages in the charts for me, despite your very nice charts posted this weekend!


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