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golfin

09/08/06 12:21 AM

#22874 RE: chris3403 #22873

The sell-off is a break in the ending diagonal and a corresponding topping in the weekly and daily stochastics which should project to a minimum 11000 on the Dow...that's my take.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p43814419225
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chris3403

09/08/06 12:43 PM

#22879 RE: chris3403 #22873

For 2 hours GE has traded in a very narrow range 33.93 - 33.97 on low volume.
It must move up and move up quick to at least 33.98 and hold it or it may wind up taking out yesterday's intra day low.
so far the high has been 34.05
the low 33.88
rtq=33.95
gl/gt
chris