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Technology Stocks : PROGRAMMER'S PARADISE (PROG)
PROG 0.146+6.5%Jun 13 5:00 PM EST

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To: Bruce A. Thompson who wrote (734)2/20/1999 8:41:00 AM
From: bazan  Read Replies (1) of 2383
 
Bruce,

Gravestone Doji line has a long upper shadow and no lower shadow. It is a good indication of bullish trend reversal.

This is probably an over-simplified definition but based on the above definition I didn't see a day where PROG had no lower shadow. On Feb 1 we had something close but not exact. Can that day be interpreted as a Gravestone. Do you care to take a peak at the chart and comment?

TIA

iqc.com


Regards,
bazan
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