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bbgold

01/30/12 3:22 PM

#18815 RE: RCKS #18812

Afternoon Steve, looks like Jan13
So far the same buy before 11am so that EOM plan you posted is ringing true so far. Closing above or below yesterday's low could be the key here? My anticipation was a rollover at 1310 that has extended so we Might be seeing recovered support at 1310. Still some time into the Close so it might depend on where the Markets are at 4pm and whether there will be anything promising or foreboding overnight. I have not looked at the calendar for tomorrow, now I see some light news but nothing major until Wed/Thurs. It is interesting to see the shifts between the 10:30 selloffs to the 10:30 buying here so still indicating uptrend. Any afternoon lower high here and a lower close could easily carry the week down though. 1300 could be Major if a rollover there carries into OEX.
So I am still looking at the short side with bounces from here, we shall see.