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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gersh Avery who wrote (8134)4/23/2005 6:06:06 PM
From: Venditâ„¢   of 8752
 
Gersh,

The three black crows duly noted. In the L/R chart below you can say that the 50% retracement has happened based on the recovery over the following few days and blast off to the mid line on Thursday.

139.142.147.218

In addition you can see the lower shadow on the hammer that formed on Friday almost touched the lower L/R rail so there is an argument that we are seeing a double bottom forming.

Reid
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