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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (8998)8/3/2001 6:25:18 PM
From: JRI   of 209892
 
Great chart..

As previously mentioned (somewhere), on the previous 2 failures, we had a pattern very similar/identical to the last 3 days action THIS TIME (bearish star/bearish DOJI star)....

Now, big difference (perhaps), this time, we finished above trendline (not below, like 2 previous times)...however, one is allowed to be suspicious, given possible EOD games/short-covering today....could be nothing, could have been the savior...

My trusty stochastics tell me that we are overbought going into close, so down pressure early Monday....but I s'pose powers that be could always gap it up...

Hope I'm a hero, not a zero Monday morn...good weekend to you...
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