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madrose1

12/28/06 1:13 PM

#522665 RE: huh #522662

i just have this feeling OIH tags $140.50 again ....weather is still warm out past jan ...and poo takes a dive

well here's the dip

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madrose1

12/28/06 2:23 PM

#522705 RE: huh #522662

edit poo turned back @ $61.90, now trying to ramp a little more to $62 ...feeds r up again ...
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madrose1

12/30/06 1:08 PM

#523166 RE: huh #522662

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 ;-)

* 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 ;-)