Thursday, July 28, 2005

STEP BACK

WHen was the LAST time the 200 WK avg converged with 400 WK?

Beautiful BULL MKT lines with 200 above 400 WK rising in paralell, but now?

IMHO we are making a TOP, certainly not rising from any bottom.

D
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1 comment:

Marc R said...

Thanks MIchael, while looking at bigger picture, there is mch opportunity in short to intermediate term, but pays to keep an eye on this, even monthly charts.

Strongmove doesn't want to correct, and it must and where that takes us will be interesting.

Duratek

6:35 AM

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