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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (90)3/31/2008 12:56:03 PM
From: Perspective  Read Replies (2) | Respond to of 3209
 
What do you think of these corrections in the homebuilders? A few more of those charts, from another post-

I see this pattern everywhere I look. In the sharp, 3-6 month corrections throughout the sector, they have run into lines that would define downtrend channels for the stocks if they hold here.









`BC



To: AllansAlias who wrote (90)3/31/2008 1:06:47 PM
From: Perspective  Respond to of 3209
 
More on homebuilders:
Message 24454860

`BC



To: AllansAlias who wrote (90)3/31/2008 6:31:55 PM
From: skinowski  Read Replies (1) | Respond to of 3209
 
$TRAN did well today. It seems to be on the verge of a breakout both in the daily and weekly time frames, as well as in the wiggles. Will be interesting whether it can follow though and... break that neckline of the H&S which it formed since October of last year - as delineated on your chart.

Major indexes made some perky little moves today....


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