AI
Monday, December 04, 2006 10:53:38 PM
OE pivot? WB, yes, hope that market will pull back.
Mentioned OE pivot 44.30 earlier and it closed below the pivot. I thought of the reason that it closed at 44.26; then I see that it is the intra BO, but the intra formation looks to be hitting lower S of RST, hopefully.
But of course, when the resistance TLs are broken... all bets are off.
I think that RB is looking for ST top, at least. I know that he was fundamentally bearish all along which is a valid concern when we consider inflation/$USD.
Mentioned OE pivot 44.30 earlier and it closed below the pivot. I thought of the reason that it closed at 44.26; then I see that it is the intra BO, but the intra formation looks to be hitting lower S of RST, hopefully.
But of course, when the resistance TLs are broken... all bets are off.
I think that RB is looking for ST top, at least. I know that he was fundamentally bearish all along which is a valid concern when we consider inflation/$USD.
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