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Strategies & Market Trends : Ask DrBob

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To: shoreco who wrote (46130)	10/17/2001 6:38:53 PM
From: bcrafty	Read Replies (1) of 100058

shoreco, what do you call a bearish engulfing that engulfs not only the previous day, but the previous FOUR days? If you're short you call it "sweetheart." :~} Seriously though, I found it interesting that the last time the naz got to its 50 dma in early August it was a doji. Today we reached the 50 dma and got a bearish engulfing. stockcharts.com[w,a]daclyymy[dc][pb50!b200][vc60][iUb14!La12,26,9] I guess all that gas you spoke of the last few days was just gas, and now the bull appears to be out of it. The doubts you expressed earlier about this rally have been confirmed today. Hope you made some money today. I bet you did.

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