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To: Gary Burton who wrote (56531)12/9/1999 9:34:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Gary, one other point I forgot to mention. In candlestick terms, we had a bullish engulfing pattern yesterday on the OSX and many individual issues such as HAL, FLC among others. A bullish engulfing candle is a powerful reversal signal. I am not a great believer in candlesticks, and I don't have a lot of access to historical records, but to my recollection, this has been an accurate indicator in the past, at least for an intermediate term rally. There could be some slippage early today, though, before the rally resumes.