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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Esteban who wrote (10346)1/9/1998 4:13:00 PM
From: Doug R  Read Replies (1) of 79260
 
Esteban, Ivan,

The cattery has spoken. ORCL close of 18 11/16 does NOT qualify. The bid couldn't claw its way off the low. I expect a true signal in about a week since volume the requirement will need at least 4 days to become possible. Now if Monday's volume exceeds today's and the other whiskers are in place, THAT would be one hellacious signal. IMO.

Doug R
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