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To: skinowski who wrote (7301)6/22/2008 11:34:02 PM
From: jaker  Read Replies (1) | Respond to of 41419
 
Discussing OIH, thought I would drill (pun) down a little..

I try and look at dd from different angles
First... h1.ripway.com

Next I wanted to see how the individual holdings were performing, about 20

I often swing on the 155 minute timeframe so that is short term compared to the daily charts.

RIG, BHI DO WFT and TWD have reversed their regression channels downward... example: TDW, just what I am watching in the 155m timeframe. h1.ripway.com

Not EW so may be considered OT? Dunno I use both to confirm each other.
Even if OIH decides to pull back, I think it would just be profit taking, which set up for a nice entry later... If weekly trend holds up.



To: skinowski who wrote (7301)6/23/2008 3:37:46 PM
From: Galirayo  Read Replies (1) | Respond to of 41419
 
Are you getting a target of 240-245 on the OIH after the Breakout is confirmed ??