INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (8395)	5/19/2000 7:02:00 PM
From: Trading Machine	Read Replies (1) of 11051

I'm not quite as optimistic as you! but I agree Monday should be up, and I have OEX potentially going up to 780 for a decision point. We could meander up and down in a narrow range for a week or so, up until 6/12 or so, then it "has" to make a decision!gg The only negative indicator I have is the three black crows on NDX. I gotta believe that it could crunch down to the next support line. But be that as it may FMAGX is going up, I hope. I was just reading the book on candle stick patterns and it says with a high degree of probability that the three black crow pattern is a sign of negativity and is a reversal pattern with no confirmation required. That said, the last day is a closing and opening Marubozu which could be a reversal pattern again and the next day could be up... Fun ain't it? gg I guess the lesson I learn from candles is to always hedge your bet. ha TB says that hope is not an option, so I do it anyway. gg CU and make lots of money!! PK

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