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Strategies & Market Trends : Japanese Candlestick Techniques

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To: technbio who wrote (25)7/8/2000 1:03:56 AM
From: ehasfjord  Read Replies (1) of 60
 
Yeah, thanks re: CMGI call - DOWN 3 and change...

Shows that even a blind pig can find a truffle every now
and again.

RE: GOU - AND I DON'T KNOW THE COMPANY!

Depends, Looked @ SILICON Chart American $ (which I relate to).

60 minute chart @ end of day
Thrusting pattern
K above D
D below 25 (I prefer 20)
RSI leveling
All of which indicates oversold, so buy....
HOWEVER
Daily
shows "perhaps" UP
but
open @ prior close 4 7/16
no thrust pattern
close @ 4 7/16 which is same as prior close and slight
up shadow... K 24+ D 37+

Bottom line.... Watch this one like a movie!!!
Take Care,
Eric
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