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Technology Stocks : CDRD (CD Radio)
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To: Candle stick who wrote (446)12/2/1997 3:29:00 PM
From: Gregory Cole Brock   of 904
 
CS,

Thanks for the read. But I have seen this happen alot and although I am not that experienced, the day after a hammer bottom when the stock degrades slightly on relatively light volume hasn't proved that significant.

BUT, after looking at it again this is more of a selloff than what I have seen in the past. The move right back to the near term bottom is pretty bad, IMO, and maybe it does negate the reversal.

Again my experience base with CS patterns is less than 30 or so.

Short and having fun,

Greg
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