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

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To: d j chen who wrote (26999)1/4/2002 11:35:07 AM
From: Todd Reichardt  Read Replies (1) of 52237
 
Do you find the 3 black crows a reliable pattern? I haven't done any testing on it, but it seems that the underlying reverses itself quite frequently after the crows appear, presumably because the underlying has become oversold in the short term. An example may be the right around Dec 10 on your Biotech chart.

Todd
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