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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (140629)	1/26/2007 8:01:48 AM
From: 2MAR$	Read Replies (1) \| Respond to of 209892

its just what the "boyz" are looking at too , RSI is one of the most observed indicators & the 60min has been almost deadly accurate at point out pivots points .. very elegant stuff & simple too ;-)

To: skinowski who wrote (140629)	1/26/2007 2:23:26 PM
From: cybersaavy	Respond to of 209892

Speaking of support, it appears to be holding here on CAT while stop in the $58 area is fairly obvious. stockcharts.com cs

To: skinowski who wrote (140629)	1/28/2007 12:38:35 AM
From: 2MAR$	Respond to of 209892

good plan yesterday was fading the pops in the AIRLINES Message 23195386 * sometimes a plan comes together but never thought for a moment they would sink oil lower than $50 this go around... that cold front moving in back east was going to pop the POO . (especially with all the talking heads calling for $45 , then you know its going to bounce ;) AMR shows almost perfectly how the 60min lately has been identifying clearly the d-tops that are also OB on the daily for the pullbacks ...of AMR UAUA JBLU LCC ALK FRNT BAB think CAL topped the list with a 16% drop & UAUA doing 12% pullback . But what runs they gave them up till then when oil/poo was sell off <gg

To: skinowski who wrote (140629)	1/28/2007 1:01:47 AM
From: 2MAR$	Respond to of 209892

Bright spot in the $TRAN was over in the rails UNP & BNI , but when BNI (being the weaker of the two ) squeezed up to the $81's was waiting there to short that pop .. You'll never guess why either , lol ...yep , an OB D-top on the daily . Not one of the bigger trades but couldn't let Casey Jones go with them displaying these same "ripe" TA conditions . You should have seen all that buying activity during that squeeze that day too but faith in the humble "God of the Overbought D-top" sustained me ...actually think i got one fill almost at $81.50 ;) *** These are slow movers and have been enjoying staying up at pretty sustained levels ....but what amazes check an extended 60min chart too for both BNI & UNP and you can see them both holding the OS/double bottoms @ $72 & $90 respectively almost perfectly to the penny for the latest +10% bounces , the OB/OS /60min has been acting like "God" all thru all this...cause the -->"boyz" are using it Pretty accurate isn't it ? <g And also with deadly precision accuracy for the pullback , BNI perfect OB/D-top within 9c and falls back ...i liked that too ;-)

To: skinowski who wrote (140629)	1/29/2007 10:44:48 PM
From: 2MAR$	Read Replies (2) \| Respond to 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 :)