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Strategies & Market Trends : The Rational Analyst

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To: ftth who wrote (1592)8/5/1999 12:27:00 PM
From: HeyRainier  Read Replies (1) of 1720
 
I'm seeing lots of Hammers and Bullish Engulfings in the market as well as for individual issues. Interesting bottom activity. When I came in today I didn't realize that a number of the net issues had gapped down at the open--a sign of capitulation I was not expecting until later on. Oh well. There's always money to be made long or short.

BTW, ARBA has a Bullish Engulfing Dave. CMRC seems to have a Hammer on it, but it's still down for the 10 count.

-RT
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