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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gersh Avery who wrote (7712)4/13/2005 2:49:00 AM
From: Walkingshadow   of 8752
 
More....

I notice that in the past month, all rallies have been quickly squashed.

Evidence for a virtual absence of follow-through that is characteristic of all sustained rallies comes from the fact that we have seen consecutive hollow candles only once over the last month:

139.142.147.218

On the other hand, note that we have seen follow through to the downside (i.e., consecutive black candles) on five separate occasions, and twice we have seen three black candles in a row.

Just for the record, I'm short QQQQ, as I'm sure you guessed.

(but I do have long positions in AAPL, RSTG, STEM, and a few others).

BTW, check out the chart on STEM:

139.142.147.218

I smell news cooking here....

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