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Strategies & Market Trends : Tech Stock Options

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To: Margaret Mateer who wrote (52542)	9/14/1998 6:45:00 PM
From: MonsieurGonzo	Read Replies (2) of 58727

Margaret; RE:" island reversals " gap-down tomorrow without recovering and closing higher would create what the candlestick readers call an evening star reversal, Margaret. Lotsa stocks closed near/at (or below) where they opened, too, Margaret - despite the fact that they opened up and perhaps showed a net gain relative to Friday's close; this is also bearish for the candlestick readers. Today was not a bad day to take short-term profits, and that is what many folks did, apparently. Curious - what stocks are you following ? -Steve

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