Replies to post #13463 on ETF SWING & DAY TRADING

[plexxus]

>>>Who posted that on the Public Charts? Robert New?>>>

Yes that is my chartwork. Corrective moves are commonplace to 20 MA's during even the most bullish trends. The semi's should hold up well into 2006. I like the fact that the index gapped up and over that downtrendline showing some energy out of the pattern leaving many shorts behind.

[CaribbeanJim]

plexxus - Thanks VERY MUCH for posting!

You have illustrated the most important chart that I have seen in the last three weeks.

I hope everyone is working overtime this weekend on their "bullish trend bias" rules. The trading range rules that worked in 2004 and 2005 no longer apply.