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jjstingray

10/13/04 11:05 AM

#35046 RE: chainik #35042

Impulsive move off of the top today on the Dow. Early yet, but interesting.
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Justa Werkenstiff

10/13/04 11:05 AM

#35047 RE: chainik #35042

All I can say is that I have checked a chart of the EPC 10 dma as compared to prices and have not found it particularly useful here as it is neutral as shown by that chart for now. All throughout that rally of last year, the 10 dma was bearish or on the bearish side of neutral and prices went up. This year it has been better but it shows a neutral read for now.