doug,
There looks to be a fairly bonafide H&S pattern on the OIH. Measured move would be to 90? If that is a H&S with neckline at 130, it was broken yesterday. The next few days will tell. Something similar was the move down in 2002.
http://bigcharts.mar...&mocktick=1.gif
cheers,
john
Canadian Royalty Trusts
Started by
PorkLoin
, Jul 18 2006 10:31 PM
20 replies to this topic
#21
Posted 12 September 2006 - 07:34 AM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain