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Gold Customer
Joined: 1/18/2008 Posts: 209
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Hi Guys,
Been tracking DIG for a week now, its not ready yet, but getting darn close.
Anybody else seeing this or should I windex my crystal ball??
Sharp
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Registered User Joined: 12/19/2004 Posts: 415
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I believe oil is close but it may take a climax bottom to turn it aroumd.
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Gold Customer
Joined: 1/18/2008 Posts: 209
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Hi BKnight,
I feel you are right. I am thinking more of a snapback rally here. Looking for DIG to race up to its 50EMA and then continue the slide. NOT YET though.
Sharp
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Registered User Joined: 10/25/2005 Posts: 145
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Sharp: Projecting a short-term low for oil on MON AUG 18, so I think you are accurate in your "drilling" for winners. Hope you hit a gusher.
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Registered User Joined: 5/22/2008 Posts: 7
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I don't think that your crystal ball needs any windex on this one. Looks to me like you're on to something. I'll be watching to buy DIG this week. BOP is promising on weekly through daily charts but I'd like to see both MS and TSV heading a bit higher before taking a long position. Another ETF that I think might be a good buy this week( charts are looking very similar to DIG) is UYM. Please reply with your opinions.
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Registered User Joined: 10/25/2005 Posts: 145
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Sharp:
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Registered User Joined: 10/25/2005 Posts: 145
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Sharp: DIG is currently @ 78.85, earlier ran up to 79.40
In your honor, please listen to this: (URL removed by Moderator)
I'm packing up and heading to California!!
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Gold Customer
Joined: 1/18/2008 Posts: 209
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Hi Scanit,
I didnt buy any yet!!! i am still watching. Notice the volume increasing!! Something big coming up. Hurricane?? Nigerian rebel attack?? Iranian tom-foolery? Hope I didnt miss the buss!!. Thats ok, I was in CVX for a few bucks, and my TASR made me happy today.
Sharp
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