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TheInvisibleHand ™

08/02/08 6:26 PM

#901 RE: Empire State #900

If and i say if, that macd goes other way and oil breaks 120, say hello to the new bull market. One thing i noticed financial stocks were not effected by oil on friday that should tell us all something. Now some might argue that u can still have a bull market with oil over 120.





Well it looks like it might get a bounce wtic that is but we dont have confirmation either way yet.

frenchee

08/02/08 6:28 PM

#902 RE: Empire State #900

This one looks ready to roll over...several negative divergences between the short-term price trend and many of its technical indicators.