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OEF Envelopes in Buy Territory


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#1 Woody

Woody

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Posted 16 January 2008 - 11:46 AM

the envelopes are a variation of what Airedale uses........I've added the 6.0 and 8.0 envelopes to contain all recent trading, trading between the 6.0 and 8.0 has been a pratty good buy...the only caveat being that they can ride the envelope down, of course one must pay attention to breadth sentiment as well...if in a bear mkt then some say that rallies will be capped by the 55 dma

http://stockcharts.c...89449&r=413.png