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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (27664)4/12/2000 6:22:00 PM
From: Doppler  Read Replies (1) | Respond to of 63513
 
Actually, I hadn't seen the reversal up yesterday, but I would say in general, the answer to your question is sometimes. I don't believe it when it has just given a major sell signal like it had. At least not when the other indicators are so wishy washy. HILO had reversed down off a high pole for example. There were also others. My take on the NAZ chart was that it had broken support and would have a suckers rally. That is also how I would have interpreted the OTCBP reversal had I seen it. Probably more luck than Piffing skill, who knows.



To: Jorj X Mckie who wrote (27664)4/12/2000 6:38:00 PM
From: Rich1  Read Replies (2) | Respond to of 63513
 
The BPOTC reversed up but too volatile according to the Big Report.
Most of the BPOTC technical indicators are still in O's.
Only indicators in X's are the RS on Buy signals. 4 of 6 Negative while NYSE 4 of 6 positive.
Tomorrow say goodbye to rest of my NAZ stocks.


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