Replies to post #118 on Endeavour International Corp (ENDRQ)

[cottonmather]

The trade setup is one of reliable.....

consequence incorporating a key moving average crossover in concert with a key rsi crossover. Gerald Wilder found similar concerted events and wrote about them in his books. The setup given on http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3734670 Page 2, also includes the chartists Slope Tag tool which may afford added reliability. Note this chartist record given on the site...... and demonstates that his tools are superior to Wilder.

Oil may be in an upward bounce from the lower reaches of an expanding wedge http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3734670 Page 3. One would certainly think the two technical events, oil appreciation and END response, would prove a collective favorable advance.

Good luck to all

mg