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Wednesday, July 9, 2008

07/09/2008 Market Recap (Market seesaws, INDU to decide the direction.)



A consolidation area is formed, the direction has yet to know. Be careful if breakdown. Look what had happened in Jan when the consolidation area was broken on the downside.

2 comments:

  1. Cobra,

    I recently discovered your charts on Stockcharts, and I must say that I think your analysis is excellent.

    I really appreciate you sharing your many hours of research each day with me and others.

    Thanks

    John
    Melbourne, Australia

    ReplyDelete
  2. Cobra,

    Same opinion.I watch your analysis everynight.

    Thanks for the excellent work.

    Regards from Portugal,

    Luis

    ReplyDelete

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