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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: MonsieurGonzo who wrote (612)11/7/1997 3:39:00 AM
From: HeyRainier  Read Replies (3) of 1589
 
Very nice observation for GE Steve. One that experienced the opposite effect just a few trading days ago was ELTN, a former golden holding of mine(before I sold too early). A spinning top at the 150 day moving average--the price moved lower on steadily decreasing low volume-- the makings of a suspicious decline. The stock bounced back fairly well. Isn't hindsight wonderful....

Regards,

Rainier
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