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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (285)8/5/2008 11:31:50 PM
From: ItsAllCyclical  Respond to of 491
 
(edit) For some reason chart wouldn't post w/other comments. Got very frustrated. Of the two trends I think the upper trend is far more valid. The lower one is just wishful thinking imho.

I still like my original chart better, but I can see how the upper trendline could still be valid.

Message 24823640

Per my original chart PAAS needs to close lower than today not just trade lower. Also usually more than 1 day/session is required.



To: ItsAllCyclical who wrote (285)8/5/2008 11:48:44 PM
From: SwampDogg  Read Replies (1) | Respond to of 491
 
Notice high volume positive rally in early 2006...huge support. Would love to see a weekly hammer on this one as a canary. Gold peaking up a bit tonight...IMO FRE/FNM tomorrow is the key ST