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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (10474)9/27/2010 3:18:18 PM
From: robert b furman  Read Replies (2) | Respond to of 222276
 
Hi GZ,

After Friday's tremendous runup and todays quiet hold and possible up close - one has to call this strength.

In past high point runups the next day usually gave it all back.

This looks even stronger.

Ant dip has been met with buying.

Bob



To: GROUND ZERO™ who wrote (10474)9/27/2010 3:49:57 PM
From: Chip McVickar  Read Replies (1) | Respond to of 222276
 
except for the one time pop to 1148 by 2.00 on the 24th... major fib resistance

and again at 1151... chart resistence

this has been a totally uninspiring flat chop and we're still in the coil...

although it does resolve by walking higher

can't get excited yet for the upside potential...



To: GROUND ZERO™ who wrote (10474)9/27/2010 4:40:04 PM
From: Chip McVickar  Read Replies (1) | Respond to of 222276
 
interesting 60 min chart... looks like price will drop off the upper tines and a long term median line

the 1127 area looks promising... if the median line fails...???

stockcharts.com



To: GROUND ZERO™ who wrote (10474)9/27/2010 4:58:31 PM
From: Chip McVickar  Read Replies (1) | Respond to of 222276
 
plus here's a weekly chart

stockcharts.com