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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (710)	3/24/2000 10:47:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

When a stock opens and closes at the same price it is a Doji in candlestick parlance, a dragonfly doji is when they that closing is lso the days high and is indicative of a possible change in trend (from down to up), when that closing price is the low, it ids a gravestone doji and indicative of a possible trend reversal from up to down (thus my exit yesterday), when they are occurring in sequence, that might be indicative of extreme volatility and thus wild price swings in days to come. By the way, while I mentioned it to Ian on the RMBS thread, I should mention here that i got back into RMBS for a swing at $330. JDSU, HAUP, VECO, and SIII are doing quite well. The DD's should still be kept, IMTO, and XIRC, well, you win some you lose some. CYMI looks weak this morning, but there should not be a sell signal unless it breaches $51, if it does, it might indicate problems for the whole sector IMHO. Zeev