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To: Galirayo who wrote (140460)1/23/2007 6:57:28 PM
From: 2MAR$  Read Replies (1) | Respond to of 209892
 
well how bout a KISS tune ?
(and KISS method;)

nice bounce in the coppers/metals today and ATI reports tomorrow...look on an extended 60min and see those 2 OS d-bot @ $85 on the 60min for ATI.....of course it now has the d-top at $98's so think even however good they do there will be some more proftaking once again on any am pop.

the beauty is that there are so many sectors , and an OS dbot or OB d-top happening somewhere in the maket at any given time ;-))



To: Galirayo who wrote (140460)1/23/2007 7:04:43 PM
From: 2MAR$  Respond to of 209892
 
now if you check the airlines like AMR near $41 or UAUA @ "$51.50" on 60min you'll see those two d-tops put in while simultaneously being very OB on the daily ...the second touches for both at those tops on declining rsi /CCI .

those i look to short routinely ...and it works much of the time ;-)



To: Galirayo who wrote (140460)1/23/2007 7:08:51 PM
From: 2MAR$  Read Replies (1) | Respond to of 209892
 
From RACK to ruin ....can't say i was smart enough to short it at the lower d-top @ $38 on the daily , but sure enough it did bounce off the OS/D-bot on the daily too .

(DIVX was another that got that OS/Dbot bounce recently too off $19)