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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (140463)1/28/2007 1:19:19 AM
From: 2MAR$  Read Replies (1) of 209892
 
All the Metals popped today because the USD fell in the crapper

Well it was the metals/steels that did save much of the day last week , with the energy patch still kiting up but stalling and also the financials , but got a little whippy there on thursday for those ....

Steels took the lead again and NUE did pop on eps to $64 and that was also the morning that ATI popped to $101.50 as well...shorted them both there and NUE at $64 only because it was a "nice round Number" , ATI pulled back later thurday pm right on schedule to about $98 & bounced off $96.50 next day on friday morning .
investorshub.com

But for NUE , it was also close enough to be called an OB/D-top on the
Daily ...this has been working lately over & over ;-)

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