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.
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2 comments:

  1. johnboyJuly 9, 2008 at 11:22 PM

    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. AnonymousJuly 10, 2008 at 5:26 PM

    Cobra,

    Same opinion.I watch your analysis everynight.

    Thanks for the excellent work.

    Regards from Portugal,

    Luis

    ReplyDelete