Friday’s peak at 46.01 fell within 0.01 points of the 46.00 Hidden Pivot I’d flagged, but as is so often the case, the target was hit in the final minutes of the session. Shorting there under the circumstances would have been particularly risky, but in any event, I never advise taking a position unless there’s enough time to nail down a profit by the close.  Officially I’ll assume nothing done, but we can plan on shorting the last of the three targets, 46.91, if and when it’s hit.  With any luck, this will occur other than on Thursday with three minutes left before 2009’s final bell. _____ UPDATE: 46.28 was as high as the little devil got, so we did nothing.