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Strategies & Market Trends : NetCurrents NTCS
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To: Teresa Lo who wrote (195)10/3/2000 3:16:47 PM
From: davealex  Read Replies (1) of 8925
 
T:

Here is one I recently traded that illustrates it well.

Look at FITB on 9/18 -- Black Marubozu down to support on the daily (both price and 20 MA).

On 9/19, we were watching it at the open and entered right away. It completely took out the Black Marubozu that day.

Dave
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