InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: None

Thursday, 07/15/2004 7:31:18 PM

Thursday, July 15, 2004 7:31:18 PM

Post# of 51799
Initial Jobless Claims

Last week saw the Initial Jobless Claims make a sharp new multi year low. This week nearly retraced all the gains from the prior week. The upper channel resistance line connecting the highs over the last year may have been broken. It's close. Another week to two could do it. It's sort of like a "blowoff top".

http://www.bullandbearwise.com/InitialJoblessChart.asp

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.