GREY:ENGFF - Post by User
Comment by
zetaon Jul 22, 2008 6:11pm
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Post# 15318616
RE: TA AND CHART FOR WEDNESDAY
RE: TA AND CHART FOR WEDNESDAYHi TCI -- yes, it sure looked strong to me -- for most of the day. This is a very tricky time for ENG -- we need to see a very clear breakout and a very well defined uptrend before we can get too excited -- and I sure you will agree. The selling yesterday was likely panic selling and traders who were locking in on the last spike to 2.80 or so -- just wanting to get out with some of their money. Anyway TCI -- looks like a turnaround day today -- should be a lot more positive tomorrow. Have a good evening. Zeta