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Re: RCKS post# 18841

Thursday, 03/01/2012 1:13:53 AM

Thursday, March 01, 2012 1:13:53 AM

Post# of 18894
Hi Steve, doing Ok here
Just running a lot of errands for Tess.
Yes, tomorrow should be the tell.
So far the 2 day tests of support have been 3 downticks, each progressing lower, but a rally from the 3rd downtick.
This has been going on for quite a while now and I am stuck on 'when it Won't happen' and we get a confirmed rollover.
So up until 'now' it has been that 3rd downtick to cover short and look long again.
That 1364 break looks good but I think any retest 1360/1355 might get some buying support again, maybe.
The selloffs have been quick but all the tails showing recovery.
If those candle tails start filling the bottoms and leaving the tails on the top for some lower spike highs I think we could see the reversal I am looking for until Mid March.
Was looking at Bradley turns and now wondering if another bounce in need and then downside after OEX?
Either way I am still holding Bearish here, jmho
Hope all is well there also, Enjoy the Day!

Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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