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To: Galirayo who wrote (140600)	1/26/2007 5:32:46 AM
From: 2MAR$	Read Replies (2) \| Respond to of 209892

ATI ...after that beautiful runnup with everyone thinking "its a breakout" , i was shorting the am pops at alt: investorshub.com Focussed on shorting both the 1rst & 2nd d-top put in on the am gap , that second touch was exactly at the same pivot high @ $101.50 . These pivots almost always clearly announce themselves as you'll see them often do when trading up into resistance & at the overbought doubletop on the daily . Someone as there hand on the sell button at these levels , probably all prearranged before . *Almost the same conditions as for IBM that sold off on its eps as the "boyz" saw the chance to take profs at a traditional D-top high on the weekly @ $100 . Combine the doubletop with the overbought and you have a recipie for a sell-off more often than not , especially after such a runnup. ATI was a "perfection" OB/d-top setup see the exact pivot high put in at $101.50 area 3min, and the d-top on the daily below in the OB :

To: Galirayo who wrote (140600)

1/26/2007 5:44:37 AM

From: 2MAR$

Respond to of 209892

MSFT , just like IBM even with pretty good numbers all baked into the cake and took the short
(pretty big size one ) @ $31.60 in the A/h....

More of an incremential trade but very profitable .... still based on the same principal of the -->"OB/d-top on the 60min" in conjunction with the OB on the daily with market also trading up into R now .

You can see just how accurately this works on the 60min with MSFT bidding up and only transcending that earlier OB/D-top pivot "R" here on 60min by 20c in the A/H to $31.65 and pulling back to jst under $31....you can also see the d-top here on the daily too .
(Trade was good for 60c on 5k shrs)

(plus they were dumping just a ton of blocks on ARCA into that pop in the A/H )

To: Galirayo who wrote (140600)	1/31/2007 7:23:51 PM
From: 2MAR$	Read Replies (1) \| Respond to of 209892

SPX ....well here it is again up into R at the OB/d-top on the 60min ...at some pt people r going to notice the higher oil here (which led me to reshort the OIH again @ $137+ into tomorrow as oil kited up at $58 ....OIH may go higher but think oil might take little breather too ...) SPX 60