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sharppolly
Posted : Sunday, August 17, 2008 10:55:19 AM
Gold Customer Gold Customer

Joined: 1/18/2008
Posts: 209
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
bknight
Posted : Sunday, August 17, 2008 11:41:10 AM
Registered User
Joined: 12/19/2004
Posts: 415
I believe oil is close but it may take a climax bottom to turn it aroumd.
sharppolly
Posted : Sunday, August 17, 2008 11:47:42 AM
Gold Customer Gold Customer

Joined: 1/18/2008
Posts: 209
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
scanit
Posted : Sunday, August 17, 2008 5:26:00 PM
Registered User
Joined: 10/25/2005
Posts: 145
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.
stocker76
Posted : Sunday, August 17, 2008 10:59:54 PM

Registered User
Joined: 5/22/2008
Posts: 7
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.
scanit
Posted : Monday, August 18, 2008 2:28:01 PM
Registered User
Joined: 10/25/2005
Posts: 145
Sharp

scanit
Posted : Tuesday, August 19, 2008 11:40:54 AM
Registered User
Joined: 10/25/2005
Posts: 145
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!!
sharppolly
Posted : Tuesday, August 19, 2008 6:54:03 PM
Gold Customer Gold Customer

Joined: 1/18/2008
Posts: 209
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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