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

To: jjstingray who wrote (295)	4/14/2008 11:17:23 AM
From: AllansAlias	Respond to of 3209

Oils are up just OK to my eyes. Basis $OIX, I don't think they are done yet -- still needs a new high there imo. A setup like DO might be early to go down, but $OIX looks to me like it is in s-t (days to 2 weeks) jello with yet a pop to come. MSFT is the most interesting chart for me today. It is surely in corrective jello out of its March lows, but it really needs to bounce here or one would have to conclude that the correction is over and it is headed to new lows. I'll post a longer-term chart of it...