CLSI: Clancy Systems International Message Board

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Microcap & Penny Stocks : CLSI: Clancy Systems International

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To: Mike Perras who wrote (58)	8/18/1999 12:54:00 AM
From: Charles Kalb	Read Replies (1) of 101

Hi Mike.............I was a little loose on my Doji Star definition and not really correct. I was trying to make the point that, although we were down a bit from yesterday's close (0.031), we weren't down on today's trading since the close was the same as the open (0.029). When the close equals the open the candlestick is called a Doji and appears like a cross. A Doji Star is a Doji which gaps above or below a white or black candlestick. We didn't have that today. The other point I was trying to make was that CLSI's intraday trading ranges are fairly volatile, but if one steps back and takes a broader view of the chart for the past two months the TA looks okay to me. Sorry if I caused anyone confusion about the Doji statement. Here is a link for a chart. Charles timely.com

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