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The latest from the
OptionsHunter session 10/12/2009 DRIV - monthly price steeply ahead of the indicator and the indicator was at a new low. IBM - still has potential to go up. when the weekly was in the trough base a few weeks ago it still remained well above previous highs from a year ago, daily needs to quit moving down, a potential near expiration move.. GOOG - all time patterns moving up and all above the signal line, so to find if it's going to continue, look at the hourly which has a near DT or close to a new high, with a divergence below the signal line which gives us cause for concern, so won't se the jolt we want to see. IWM - path of least resistance is up because weekly is moving up and daily has turned, so go to hourly which looks to have slowed a bit. |