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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (140629)	1/29/2007 10:44:48 PM
From: 2MAR$	Read Replies (2) of 209892

OIH ...entered short position when popping to $136's on 1/25 ... did this following again that same "OB/D-top on the 60min" criteria...and also a little help from L2 and seeing alot of large size on the sell side into the momo . (Seemed that the Oil run had worn itself out a bit ) The OIH did the perfect pullback though cov'd too soon @ $132.85 ...but does this look like that "OB/D-top/60min " scenario works though ? See that 2nd forray into $136 d-top area on declining RSI (after about 3 good waves up :)

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