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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (9170)3/24/2008 12:08:19 PM
From: Augustus Gloop  Respond to of 33421
 
I'm not sold on any rallies. Even if we print buy signs (and we have in certain areas) I'm still of the belief we've got more downside



To: Jorj X Mckie who wrote (9170)3/25/2008 10:08:07 AM
From: Augustus Gloop  Read Replies (2) | Respond to of 33421
 
Hmmmm the dark side on BAC looks good here.



Bank Of America Corp. (BAC) NYSE
25-Mar-2008, 09:45 ET, daily, O:41.65 H:42.25 L:41.25 C:41.71 V:7,129,618 Chg:-0.74
Traditional, 3 box reversal chart
Bearish Price Obj. (Revised): 19.00
© StockCharts.com
55.00 | | | | | | | | | 55.00
54.00 | | | | | | | | | 54.00
53.00 | | | | | | | | | 53.00
52.00 | | | | | | | + | | 52.00
51.00 | | | | | | B | A + | | 51.00
50.00 | | | | | | X 2 X O + | | 50.00
49.00 | | | | | | 9 O X X O + | | 49.00
48.00 | | | | | | 8 O X 7 X O + | | 48.00
47.00 | | | | | | X O 3 O X O + | 47.00
46.00 | | | | | | 7 O O 8 O C | + | 46.00
45.00 | | | | | | X | O B X X O + | 45.00
44.00 | | | | | | X | O X O X O 2 + | 44.00
43.00 | | | | | | 4 | O X O X O X O X | 43.00
42.00 | | | | | C | X | O X O X O X O X | 42.00
41.00 | | | | 6 X 2 X | O O O X O X | 41.00<
40.00 | | | | B 8 X O 3 | O X O X | 40.00
39.00 | | | | A O X O | 1 X O X | 39.00
38.00 | | | | X O B | | O X 3 X | 38.00
37.00 | | | | 8 9 | | O X O X | 37.00
36.00 | | | X 6 | | O X O X | 36.00
35.00 | | | 7 9 X | | + O X O | 35.00
34.00 | | | X O X | | + O X | 34.00
33.00 | | | 6 O 1 | | + O | 33.00
32.00 | | X X A | | | + | | 32.00
31.00 | | 5 6 4 | | | + | | 31.00
30.00 | | 4 O X X | | | + | | 30.00
29.00 | | X O 8 9 X | | | + | | 29.00
28.00 | | 3 7 X O X | | + | | 28.00
27.00 | | 7 X O X O X | | + | | | 27.00
26.00 | + | 6 9 B O X A X | + | | | 26.00
25.00 | X + + | 5 O X X O X O X | + | | | | 25.00
24.00 | 6 O X + | X O X O X O O X | + | | | | 24.00
23.00 | + X O 9 A + X 4 O A O X O | + | | | | 23.00
22.00 | 5 X O X O + X 2 X O O | | + | | | | | 22.00
21.00 | O X O 8 O B X O X | + | | | | | 21.00
20.00 | O X O X O X O 1 O 3 | + | | | | | | 20.00
19.50 | O O X O X O X O | + | | | | | | 19.50
19.00 | + O X O X O X | + | | | | | | 19.00 PO
18.50 | + O 7 O X O X + | | | | | | 18.50
18.00 | O O X O X + | | | | | | | 18.00
17.50 | O X O X + | | | | | | | 17.50
17.00 | O O X + | | | | | | | 17.00
16.50 | O X + | | | | | | | 16.50
16.00 | O X + | | | | | | | 16.00
15.50 | C + | | | | | | | 15.50
15.00 | + | | | | | | | | 15.00
14.50 | | | | | | | | | 14.50
14.00 | | | | | | | | | 14.00
13.50 | | | | | | | | | 13.50
01 02 03 05 06 07 08
--------------------------------------------------------------------------------
+ = bearish resistance line
+ = bullish support line