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Forum - Trade The Charts (The Dow Chemical Company - DOW)    Trading primarily through Chart Analysis.

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From: POWER_SPIKE (Rep: 441) reply to POWER_SPIKEDate: 01/22/2010 11:23
Forum: Trade The Charts - Msg #2321 - List DOW msgs Thread #672841785 (Rec: 0)
Re: Smells toppy, looking for a 10700ish top and drop.
Made this call @ 10500 on Dec. 1, 09, it hit a high of 10729 before dropping 400 points to todays low (so far).
All we've done so far is drop back to a 5 month uptrend line created by the lows of Aug, Sept, Oct, and Nov.
This won't have the potential for a much needed correction until we can close below 10200 IMO.



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Reply to POWER_SPIKE - Msg #2281 - 12/01/2009 13:14

Smells toppy, looking for a 10700ish top and drop. eom
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser POWER_SPIKE: Reward | Watch | IgnoreDOW: Ignore

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