Big Dog's Boom Boom Room Message Board

From: dabum3	10/13/2004 9:57:49 AM
	Read Replies (1) of 139667

The gap down at the open for OIH is very bearish. That means that yesterday's close will now serve as a level of resistance. The character of the current price movement continues to get weaker and weaker. With that gap this morning, the indicators are suggesting any attempt at a rally should be sold. Profits don't count if you don't take them. http://www.ttrader.com/mycharts/display.php?p=27328&u=dabum&a=Bum%27s%20Charts&id=1224 This correction is for real. It will take a lot of good news which isn't already known, to get the price back up to recent highs in the short term. dabum

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