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Strategies & Market Trends : Position Trading Forum
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To: Canuck Dave who wrote (5055)11/3/1998 8:19:00 PM
From: wily  Read Replies (1) of 7247
 
I saw a lot of stocks making topping patterns today if you use candlestick TA, (which I am admittedly new to). Didn't sell, but feel I should have. Naz is sitting on top of the 200 dma, but hasn't cleared it by enough to have support there. XYLN, (which I am loooong), has been forming a rounding pattern which usually ends in a small drop-off before it takes the next step up--to over 17. I think it bottoms at 15 1/4.
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