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boca_bobby

08/11/08 4:28 PM

#25370 RE: boca_bobby #25368

GS CHART:

Been watching this for some time now. Personally, I think GS is wound up really tight and ready to explode. I see the Bollinger Bands strating to tighten and trading has been fighting between all the MA's. This indicates total indecision by traders, IMO, on which way will the fiancials go. This is a little riskier for some to play but may well be perfect for others betting that finanicals may have seen the worst behind them.

I especially love today's candle. The long wick on top is a signal to me that the Bears are starting to lose the battle. We went right up to the trendline and they beat it down again. Pressure is building and I think we break that upper trendline this week!

Boca_Bobby
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BB_Blue Chip

08/11/08 6:09 PM

#25380 RE: boca_bobby #25368

B_Bobby, thanks for the info, wondering, AAPL seems bullish, in your opinion do you see the PPS at or over 180 this week? TY

BB