Saturday, February 13, 2010

Where's cable off to ?


We've just broken out of consolidation on the weekly. Could we eventually see parity on cable? Possibly, if the fib expansion is anything to go by.


COTS though, is showing extreme opposites on the commercial and non-commercial for the Dollar. The inverse back in 2007 preceded a sell-off of cable. Perhaps a bounce off 1.52 will give an A-B-C-D pull-back to 1.84.


Short and long opportunities for short and long terms...

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