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

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To: Esteban who wrote (1004)12/17/1997 10:27:00 PM
From: MonsieurGonzo  Read Replies (1) of 1589
 
Esteban; RE:" SPY's Window "

Good observation, Esteban - very different looking candles, but none of them look particularly bullish. Came across McMillan's options expiration comments...

Lawrence McMillan, head of McMillan Analysis Corp and publisher
of the Daily Volume Alert, said in a report that the expiration
would not likely have an influence on the stock market unless the
OEX rises above 470 or falls below 450.


...my main interest right now is INTC, which is hanging in there by a thread at critical support. CY made a Morning Star and I'm wondering if it will be negated if/when INTC breaks major support. It sure does look like the NDX is in for some more pain.

Tech Wreck of '97 - you were there.

-Steve
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