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DJIA TRANSPORTATION


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#1 Swiss Trader

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Posted 06 May 2008 - 07:00 PM

or just a double top? :huh:

Notice how perfect has been the inverse H&S

http://stockcharts.com/c-sc/sc?s=$TRAN&p=W&b=1&g=0&i=p26568615208&r=1497.png

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Edited by Swiss Trader, 06 May 2008 - 07:08 PM.

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#2 CHAx

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Posted 06 May 2008 - 10:14 PM

Your thoughts? And the implications of new highs or a failure to make new highs?

#3 redfoliage2

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Posted 07 May 2008 - 06:20 AM

The fundamental question is what support this rise with crude oil setting new highs, hosuing market in depression? Looks like a heavily manipulated index. B)