Dave:
I'm trying to retrace the IL for ROMT and getting confused with the ACT you and Doug agree is 9/8 and 9/9; inasmuch as you just posted me that the AT is still intact above 2 23/32 intraday, I'm really lost. 9/8 and 9/9 (which were a 32nd apart at closing) would draw the lowest flying of accelerated trendlines, and would put it currently at 1 3/4-ish. Drawing an IL from those two lines is difficult for me, as I don't see a pair of clear tops back from there.
Please advise.
As per les chats mort, SGI is currently giving a fake signal day, which means it's heading Mexico-way on low volume, which might well be followed by early next week with a real signal day. IF, IF, IF that should occur on Dec. 30, then Dec. 31 would be a great day to get your feet wet. Believe it or not, a lot of people save their tax-selling for the last day of the year, which means you might even have to wait until 12 or 1 pm to get the right buy-in (un-feline behavior, true, but very true of the kind of sharp pivots you find with exhaustion bottoms).
I'm also monitoring NRGN for a meow, and believe it or not, ORCL and OXHP, though neither has finished boiling down yet by any means.
Ivan |
