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Politics : High Tolerance Plasticity

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To: kodiak_bull who started this subject1/31/2002 3:40:23 PM
From: herry iball  Read Replies (2) of 23153
 
LEN: Gave nice short signal (scalp only) on the 15 minute chart.

If you look at the 15min chart at 11:30 there was a negative divergence with ROC, RSI and OBV all making lower tops with price retesting the days high of 9:30. The drop in volume was the key.

A great entry spot for short selling when this occurs.
Covered when it hit support at 55.40 which also happens to be the 50 dma (rising) on the 15 minute chart.
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