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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (216)7/19/1999 9:57:00 PM
From: sean sanders  Read Replies (1) | Respond to of 967
 
Casaubon,

I checked out the chart yesterday but I didn't have time to write my reply.
When I first looked at the chart I didn't see much but after reading your analysis and studying it; it became more 'alive'. You did some nice research into figureing out what caused certain happenings in the stock; that adds some knowledge behind what is happening (I usually dont have the know abouts what is happening).
It does seem like we should be looking for another gap to happen soon; now if that will be a island forming gap or another run-away gap we will see; todays action adds some 'spice' to the analysis.

I'm actually quite surprised this one went up today seeing how many stocks went to the downside (all mine went neg. today (of course))

Sean



To: Casaubon who wrote (216)7/23/1999 10:05:00 PM
From: Casaubon  Read Replies (1) | Respond to of 967
 
I think VISX put in an exhaustion gap today. All that is left is the identification of a reversal candle.