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Re: huh post# 522662

Saturday, 12/30/2006 1:08:20 PM

Saturday, December 30, 2006 1:08:20 PM

Post# of 704047
OIH ...all in all it was the ever faithful & dreaded --->OB/D-top that came into play on this one ...and amazing warm winter so far .
http://www.investorshub.com/boards/read_msg.asp?Message_id=15883938&txt2find=oih

* well not dreaded if you looked for it to fail there
and made the switch to the darkside bias ....

(Look how almost within pennies that OIH OB/d-top was put in on the daily at the former July high
and 12pt pullback came down ...these aren;t that difficult to
spot either if anyone can draw a strait line ;)

There's always a OS/d-bot or OB/d-top being put in somewhere in the
market , trick is to be aware of them in advance as they
approach them and trade accordingly ...they're pretty easy to spot wink

* Interesting thing about FFHL for example friday , is the
OB/dtop is also a powerful little formation on the intraday
too , if the backdrop is the stock is also OB on the 60min/daily
and usually can expect a pb there too , plus ALOT of resistance .
( and attract alot of shorts too wink



















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