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[littlejohn]

For entries Monday, check your daily high

on Thursday before they dumped

oil company prices into close...

That may be around a back test

area on Monday for entries...

and not the Thursday closing price

to back fill opening gap for Friday...

Markets like to appear systematic

in technicals on up moves...

There is actually no real gap on

charts for oil company prices to

continue the new up trend...

But those looking for cheapest entries

want to blame it on, 'the news was

expected' to load up for a posibble

bigger, longer extended uptrend...

Selling calls now on up moves will

be a brave thing to do...

Negative mentality is baked in now

and no one wants to believe...


So we watch...LJ