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ospreyeye

11/09/11 3:16 PM

#4410 RE: Ecomike #4408

The daily candlestick chart is showing 4 red candles in a row.....4 days down and rebound is a great trade....5 days down even better.....make it 6 and things are getting really juicy.....this CAT will bounce......we'll probably see a reversal pattern setting up w/ tomorrow's candle.....if not and it's another BIG RED day, it'll look even more attractive as a technical bounce play......from a purely technical trading perspective this is starting to look enticing.....the key is to time it correctly w/ a great entry point followed by a lightening quick sell as soon as it Fib retraces.....in and out quicker than a Kim Kardashin marriage$$