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Post# of 148479
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The Freep

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Re: plexxus post# 72078

Thursday, 02/09/2006 2:15:39 PM

Thursday, February 09, 2006 2:15:39 PM

Post# of 148479
On the BKX, plexxus... if you use the first low after the price high to draw your lower line, it becomes something quite much like a channel. Obviously, in either case, a move out of the top is bullish (and would provide that rally leadership I keep asking about), but a trip to the bottom of the channel (or the wedge) for a third touch could also happen, couldn't it?


Dow once again turned back by 10950. Getting old, I tell ya.

the freep
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