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Strategies & Market Trends : NetCurrents NTCS

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To: Bretsky who wrote (7380)	7/11/2001 4:00:18 PM
From: Teresa Lo	Read Replies (2) of 8925

Chart of NT: Hope you had fun in the swimming class. Did Taylor wear the cute swimming diapers? I have a pack here for Brandon but he has not gone swimming yet...hehehehehe. Anyway, here's the daily chart of NT: ottographs.com In technical jargon, it's called a test of bottom. I think in all probability that NT will break the old low of $7.62 on this test but it was interesting that it came so close today and did not break it. The end result is that today's candlestick is a "doji" meaning indecision. Tomorrow then will be all-important. If it can turn up here and break today's high, a bounce will be launched. So watch for a break of today's high - that would be a first sign of a successful test in the making. I'll keep and eye on it and report back if something happens. T.

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