Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 414.22

+0.7%

Feb 4 3:59 PM EST

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To: nokomis who wrote (17282)	5/13/2002 8:57:46 PM
From: Susan G	Read Replies (1) of 26752

this candle less bullish then...tails are very bullish, a sign of buy orders waiting and huge buying interest as it reverses. Usually, at "real" bottoms there are long tails, like on the middle candle, the doji. And at the Sept lows. Which is why I'm wondering if this could be a short term bottom, the long legged doji from last week. "wicks" at the top are the opposite, a sign of sellers. But as Jorj points out, there was one of those in April too, so they are never a sure thing. If today's lows are taken out in the near future, it's bubye nasdaq. A nassacre as Zeev is calling it <g>

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