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To go along with OEX


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#1 eminimee

eminimee

    I don't care who's fur is flying...

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Posted 28 February 2007 - 07:35 AM

Someone a few months ago suggested that XMI had broken out of a cup and handle formation...a very big one....I had it in a rising wedge. ....but now agree with him/her...(sorry, can't remember who it was). Anyways..while OEX corrects down to the 615/20 area..XMI will probably test the breakout point at 1170ish. If that holds....mega bullish. This pattern on a breakout would confirm money going into the biggest of the big.

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