Short term...as I said in a post earlier....not sure if we hit a top Friday or we have another 4 and 5 to go....regardless.....OEX should get no further that 687 before a summer correction into the 615/622 area.
http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=7&mn=5&dy=0&i=p34169908608&a=99552000&r=4526.png
OEX Big Picture Stuff...
Started by
eminimee
, Apr 22 2007 09:19 AM
3 replies to this topic
#1
Posted 22 April 2007 - 09:19 AM
#2
Posted 22 April 2007 - 12:01 PM
I don't follow macd, but it does that look like a "Kiss of Life" ???, 700 is a lock jmvho, etc, etc
*previously known as pnfwave
#3
Posted 22 April 2007 - 12:45 PM
If that's a kiss if life...what was 2005 thru half way thru 06? That's one hell of smooch. lol
#4
Posted 22 April 2007 - 01:59 PM
I dont know for sure. Think the rise was dollar weakness related. One thing for sure however.......no one believes this rally, but technically it looks fine, macd, rsi, trendlines etc etc.
who knows. Like I said, I am not betting either way, and prob gonna take an early holiday.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.