oxr is hot, about to run, page-22

Well whether you think charts are useless or not, or whether you think OXR will fall further or not, can anyone deny the FACT! that OXR has been in a down trend since January 04 and that it has been making lower highs lower lows for the past 8 months???????
This is the plain truth of the matter, and it would appear for now that it will continue in that same trend before reversing.
Was the 73c lows of 17/05/04 the lowest the Ox will go? perhaps? will the Ox start the new leg of its uptrend from this point? only time will tell, but IF(?) the 76c lows of 12/08/04 are taken out then a retest of 73c lows is likely and IF(?) they are taken out then likely will head for targets previously mentioned.

AGAIN the FACTS, the Ox has been in a down trend for 8 months and no sign of reversing at this stage.

Should that change I will be happy to buy, but I do not buy stocks in down trends, apart from short rallies.

Cheers