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Strategies & Market Trends : Technical Analysis - Beginners
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To: Richard Estes who wrote (9771)3/6/1999 8:43:00 AM
From: CatLady  Read Replies (1) of 12039
 
Richard,

Re: "A stock that gaps and closes higher or usually exceeds 200 on standard CCI(13). This may give one a 1-3 day trade before turndown."

I'm missing your point. Could you please expand a little? I took a quick look at a number of stocks, mostly volatile tech stocks. When a gap up is accompanied by a spike above 200 in CCI, it looks like, as often as not, the stock then trends down or sideways for 3 - 5 days. But, sometimes, there's a good move still higher.

Thanks.
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