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Strategies & Market Trends : Classic TA Workplace
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To: Galirayo who wrote (140600)1/26/2007 5:44:37 AM
From: 2MAR$   of 209892
 
MSFT , just like IBM even with pretty good numbers all baked into the cake and took the short
(pretty big size one ) @ $31.60 in the A/h....

More of an incremential trade but very profitable .... still based on the same principal of the -->"OB/d-top on the 60min" in conjunction with the OB on the daily with market also trading up into R now .

You can see just how accurately this works on the 60min with MSFT bidding up and only transcending that earlier OB/D-top pivot "R" here on 60min by 20c in the A/H to $31.65 and pulling back to jst under $31....you can also see the d-top here on the daily too .
(Trade was good for 60c on 5k shrs)

(plus they were dumping just a ton of blocks on ARCA into that pop in the A/H )



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