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Profile: Vanguardian
About User Name: Vanguardian Groups: Member, TeleChart Rank: Registered User Real Name: Location Occupation: Interests: Gender: Unsure	Statistics Joined: Monday, March 21, 2005 Last Visit: Monday, March 21, 2005 8:59:29 PM Number of Posts: 1 [0.00% of all post / 0.00 posts per day]
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Last 10 Posts Topic: The resistant is not at 2093,68 - It is the oil price $55/Br again - Check this article closely - co Posted: Monday, March 21, 2005 8:59:28 PM In the Article "Have Oil Stocks Seen Their Peak?" By Gary B. Smith, listed by Yahoo Finance at the bottom of the COP chart, the chart done by Worden & Chartman concluded that the run had broken based on the low-lines evident in recent trading. Actually, the low-lines view was not nearly long enough. If you view the low-lines (the only immediately clear indicator of a stock's future performance) over a year instead of a month, you can see where the true direction is. This is the difference between a "trend" (longer-term) and a "run" (extremely short-term).