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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (15241)	10/25/2000 6:13:35 AM
From: Vendit™	Read Replies (2) \| Respond to of 19374

Re: PWER I've been thinking that PWER will likely sell off on earnings news tomorrow: Glancing at your chart I see a stock that has made a 100% increase in just over 3 weeks. Hence the earnings run. askresearch.com The past two candles are short in height indicating a decline in volume. Yesterday's candles top was slightly lower than that of the one formed on Monday. This shows the second hint of a top forming. Both candles have stopped short of moving above previous upper resistance found by looking to the left from about September 5th through the 18th. Stochastic has reached above 80 which shows an extreme over bought condition which is the condition that a reversal takes place. The fast black line has lost its aggressive look and is almost flat in its angle. Both money flow and William's R% which are always the first to show reversal have both topped a day or so ago and are both headed in a downward direction. Yes I agree with you, a sell off is very likely as well as normal especially after its 100% price increase in such a short time. <g>