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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (36946)12/1/2000 11:51:54 AM
From: donald sew  Read Replies (2) of 42787
 
So far we have a MORNING STARs on the NAZ/NDX. They just need to close with WHITE DAYs(closing price above opening price).

MORNING STARS are reliable candlestic reversal patterns.

As reliable as MORNING STARs are, the last time the NDX had a MORNING STAR it rallied only one more day. The last MORNING STAR was on 11/14. So I still wouldnt go hog-wild even with a MORNING STAR. Im just going to look for clues day by day to confirm the possibility of a bottom.
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