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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 478.48

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3:59 PM EST

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To: Susan G who wrote (1640)	6/17/2001 8:09:12 PM
From: Susan G	of 26752

Bearish Reversals from Friday Three Outside Down AMRI BBY ACRI In Neck Bearish Continuation Pattern* BRCD DOX HYDL TMBR VRSN SMH Bearish Advance Block Reversal MANH Bearish Thrusting Reversal ADI AOL EMLX KLAC LRCX MWD RFMD SEPR SMTC SRNA TXN Bearish Hanging Man Reversal NOVN NPSP PCSA BearIsh Belt Hold *In Neck is one I've rarely seen show up on the Litwick lists: here is the definition: How to Identify it The first day is a long black day The second is a white day that opens below the low of the previous day and closes barely above or equal to the close of the previous day What it Means The In Neck pattern is a less severe relative of the On Neck pattern. A small rally is built by the second day, but ends near the close of the previous black day. Although, as in the case of the On Neck pattern, the downtrend should prevail, it may take longer to evolve.

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