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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: star56 who wrote (12039)8/30/2000 1:11:26 PM
From: Mike E.  Read Replies (1) | Respond to of 49816
 
One of the patterns at Wall Street Monitor?

One of those bearish patterns with High Reliability is a good place to start.

Look at ANCC:

timely.com

Dark Cloud cover yesterday. In addition, it made a "double top" at open/close resistance at 37 1/2. Look at the volume dry up on the big rise over the last week. "Blow off" selling (vol. spike) at the resistance level. It's a bunch of things and even then - there's no sure thing!

Mike