The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (51241)	6/15/1999 10:09:00 PM
From: stan s.	Read Replies (3) of 90042

Nasdaq. Here's a 2 day pattern that I've shown before. A bullish harami. In a downtrend when the current up day has a small real body (open, close not shadow) and is completely encompassed by the previous down day it usually indicates a possible bottom and reversal. I've placed an arrow and a square where this has occurred recently. This has to occur during a downtrend.... geocities.com Not a great deal of confirmation but the exchange is quite oversold. The results are quite telling...NO GUARANTEES it will happen this time. Works for stocks as well. I've also included a short term trend line...so far it's held on an open/close basis. We'll see. Stan

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