be bloody careful, page-24

I knew what was happening on Tuesday, OXR has been running up the bottom of an ellipse for sometime, it had that large gap to get right to the top of it then exhaust itself.

Then yesterday it had that gap down to break from the previous ellipse into this one.

There was that gap there that it never traded in between $2.86 and $2.84, the market has gone back to fill this today and should go no higher, but see a rapid decline downwards from here.

Naturally I cannot be certain as I have done no numbers, just simple observations.

I am also not aware of the reason that stocks find it necessary to close gaps such as this, so I can not explain or reason today’s action with confidence.