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Re: LG post# 147635

Thursday, 05/21/2009 7:53:08 PM

Thursday, May 21, 2009 7:53:08 PM

Post# of 148479
Thanks LG, pretty chart! How do you define a 'pivot' high or low?

I see what you're talking about. In fact, POT on this recent swing filled that entire gap, I believe---its intraday high was 118.32 yesterday...

I trade options, so I must get not just price direction but that all-important timing part, too...lol...not as easy as it looks...<g>

Based on this chart do you see aj's projected drop to 95 coming?
And if so, would you short it, or look to get long at that level?

Lots of open questions with respect to the overall market, I expect the high-flyers will follow the indices, whither down or up...

What do you think of this chart?

http://stockcharts.com/h-sc/ui?s=TBT&p=D&yr=0&mn=6&dy=0&id=p37095792126

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