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To: 2MAR$ who wrote (191843)	6/30/2011 2:15:21 PM
From: 2MAR$	Respond to of 209892

$WTIC similar declining tops thru June finally making that drop below the 200ma to test lower support , just musing here that if $silver were to do the same then that would carry it down to $31.50 (200ma) with a possible touch even to $30 ... but shorts on $Silver at that top of the channel at $38+ were certainly very profitable !<vbg Chart predicted the bounce here but still love to see that shakeout and be ready ... just don't know what exactly precicpitates this will have to watch & learn & anticipate . The IEA release did it for Oils ... Silver & WTIC

To: 2MAR$ who wrote (191843)	6/30/2011 2:18:10 PM
From: hawkeyefan	Read Replies (4) \| Respond to of 209892

You sure follow a lot of things. I hadn't noticed SMH climbing like that. I am in QLD though so SMH can advance all it wants. Both charts look attractive. I trade UYM instead of XLB because it moves faster. Just a little leary right now on it. FCX looks interesting. I have been watching SLV and thought I had the count but it changed on me so I never did buy it. The move from June 13 to June is the ket for me. It was an "abc" with an ED for the "c". You knew it was going down. Before I get in it, I have to figure out how to label that move. Until I do, I will just watch. AAPL, should have more up to go.

To: 2MAR$ who wrote (191843)	6/30/2011 2:30:50 PM
From: 2MAR$	Read Replies (1) \| Respond to of 209892

XLB tested that higher late may pivot top today @ $39.50 and pulled back ...the CCI getting really over extended here which would indicate a pause is in store on this move after they popped MON for 2days which has a 5% weighting with DD & FCX making their moves too. CCI has been really a great indicator more clearly defining the overbought & oversold , more refining interpretation of the RSI , really has been a great help . Tops were clearly defined and the bottoms off the 200ma (note double bottoms!) ...pretty choreographed stuff .<vbg Now do they run up the XLF/BKX tmorrow ? Nobody wants them , lol...sheesh,