Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...

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Wednesday, November 01, 2006

KICKIN' THE TIRES

(Click any chart to enlarge)

Toyota, very small gap left before major overhead
resistance...


GM, testing major overhead resistance...


Ford, bulls were trapped in September.
Major overhead resistance...


Daimler Chrysler, testing major overhead resistance.
Gap, gap, gap...


When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stocks on a scale down, I buy on a scale up.
"Jesse Livermore"


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