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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (38587)	10/25/1999 12:25:00 AM
From: Stoctrash	Read Replies (1) \| Respond to of 44573

GE? ...ahhhhaaa...I was waiting for you to find that. What took you so long?:-) <GGG> I think the keys are the NDX & BKX here for the next few days. Look at the BKX key reversal too :-)....and GE too <smirk....>

To: Chip McVickar who wrote (38587)	10/25/1999 2:17:00 AM
From: Bull RidaH	Read Replies (3) \| Respond to of 44573

Chip, Often with this pattern, when it occurs after a lengthy uptrend without a pullback, as GE has... Is known as a "Bearish Last Engulfing Pattern", with bearish implications . Confirmation would be if it trades deeper than 50% into the body of the weekly candle, and a target for the decline would be 2X the length of this last rally. Regards, David