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In a message dated 98-07-28 22:02:14 EDT, BobRABCDEF@xxxxxxx writes:
<<
It's called cycle mode. Even good old AIQ picked up on this war.
BobR
>>
Bob,
I'm inclined to agree that we are going into more of a cyclical pattern/
consolidation.
I have added the automatic trend lines to the xbar chart I have been posting
and would expect us to bounce off the previously violated trend line at about
545 on the oex. The daily x-bar plot below the lower moving average channel
reinforces my view
We could see that with climax selling wed a.m. setting up a classic Wednsday
Wreversal in the afternoon.
Your thoughts?
Terry
Attachment Converted: "c:\eudora\attach\XBAR2.gif"
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