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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (138934)	12/30/2006 5:05:44 PM
From: 2MAR$	Read Replies (2) of 209892

OIH ....after tagging the OB/D-top from last july highs @ $151 almost exactly to the penny , retreated 12pts down now sits resting on the 105ema and looks to what might be putting in a oversold d-bot on the 60min just under $139 . (isn't it a coincidence how these OB/D-tops work so well ?;-) * Now the important players SLB NOV NE DO HAL NBL ESV etc have all fallen back together to the mid points of their recent rallies and the OS on the 60min , so do they hold? ( wouldn't mind getting them a little lower , SLB tried for a bounce off $62.50 on friday )

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