AI
Tuesday, February 19, 2008 7:46:56 AM
Today the battle unfolds...
It's the clash of the Titans - Taurus vs. Ursa (OK, maybe a mixed metaphor).
Top of a short-term downtrend vs. the bottom of a longer-term uptrend vs. a significant horizontal line of support/resistance. And a "death cross" to be denied.
Momentum from Friday's strong volume should carry into initial trading.
And then we will see if money coming in is here to stay.
Good luck to those hoping this is the start of a major move north.
Buckle your seat belts. Battle helmets may be required, too.
I think I'll order some popcorn before the show. Make it a large - it'll be a long show.
It's the clash of the Titans - Taurus vs. Ursa (OK, maybe a mixed metaphor).
Top of a short-term downtrend vs. the bottom of a longer-term uptrend vs. a significant horizontal line of support/resistance. And a "death cross" to be denied.
Momentum from Friday's strong volume should carry into initial trading.
And then we will see if money coming in is here to stay.
Good luck to those hoping this is the start of a major move north.
Buckle your seat belts. Battle helmets may be required, too.
I think I'll order some popcorn before the show. Make it a large - it'll be a long show.
techisbest
