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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: profile_14 who wrote (8865)	4/2/2006 10:56:03 AM
From: chowder	Respond to of 13449

Re: RIO ... The chart is ambiguous to me. There is nothing compelling, one way or the other that would induce me to make a trade at this time. You may be right about the direction of price, but I certainly don't know. I look for specific patterns and if I don't see them, I pass on the trade regardless of its potential. RIO is too close to its high without the confirming indicators and price is reacting contrary to what you see. This is defined as uncertainty from my stand point. I must pass on this as I'm unable to provide a useful analysis. dabum