Edited by hiker, 07 September 2007 - 08:42 AM.
XLF
Started by
hiker
, Sep 07 2007 08:41 AM
2 replies to this topic
#1
Posted 07 September 2007 - 08:41 AM
in this decline sequence only one weekly close resides below current 32.89 price....XLF pattern is weakening unless it moves again above 33.57 horizontal
this week could represent the 3rd successive lower weekly close
#2
Posted 07 September 2007 - 08:57 AM
[quote name='hiker' date='Sep 7 2007, 10:41 AM' post='313544']
in this decline sequence only one weekly close resides below current 32.89 price....XLF pattern is weakening unless it moves again above 33.57 horizontal
this week could represent the 3rd successive lower weekly close
The daily chart for SKF looks bullish if we close in here. I realize the volume is a lot less than the XLF but it projects to a price of over 100.
in this decline sequence only one weekly close resides below current 32.89 price....XLF pattern is weakening unless it moves again above 33.57 horizontal
this week could represent the 3rd successive lower weekly close
The daily chart for SKF looks bullish if we close in here. I realize the volume is a lot less than the XLF but it projects to a price of over 100.
#3
Posted 07 September 2007 - 08:58 AM
Yeah, take a look at C, COF, and others who will have to cough up the bloody balance sheets soon. Someone is going to sqwak and that is why they are being sold heavily now by the insiders. IMHO.
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