1 reply to this topic

[eminimee]

http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=2&mn=7&dy=0&i=p23933753533&a=82315405&r=898.png

[arbman]

You may be right, I am thinking it rallies higher with the EOQ and lands on the center trendline of the pitchfork later in Oct and then rallies higher. What people are reacting here is that the cost basis got lifted up with the dollar getting trashed. I doubt that the USD will recover much from here and a 10 wk rally from Oct will find much of a resistance until Dec or so...