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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: PMG who wrote (27379)8/10/2000 6:40:43 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
PMG,

>>>> Shouldn't the candle we get on NDX today confirm your sell signal (the shooting star?). Should have an upper shadow and medium black body... tomorrow it could rally on relaxed ppi numbers but if we cannot completely recover what we lost today I expect Monday to be down again... <<<<

Yesterday's candle on the NDX was an INVERTED HAMMER not a shooting star. Todays candle was a BLACK MARUBOZU which confirms yesterdays INVERTED HAMMER, and implies continuation.