Friday, May 29, 2009

Let's Cee LC

The gap should serve as support. If its broken, the line support will be the next catch. I regret I haven't look at the chart earlier for the OBV have given an obvious signal even before the actual breakout from the consolidation channel happened at .10.   It's risky to position at this level. Only for the very quick tsupitero.

Oj_z congrats!

Thursday, May 28, 2009

DJIA - Untog or breakout

I'm bias on untog. I feel that there is still a third line that is to be formed on that junction of the opposing force of the upward and downward arrow. That third line might complete the whole downward trend then we go to the next bull run. The third line could be short than the second downtrend line but angle might be bigger. The second downtrend line takes a year. How much kaya ang third line? My wishful thinking -3 months and no lower low, just a double bottom.