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


To: Paul Shread who wrote (35117)11/8/2000 4:20:35 PM
From: eichler  Respond to of 42787
 
Paul,
I really wasn't expecting quite so much so fast. The look
of the daily chart candles now has me thinking the current
uptrend line on the daily $compx may not hold and that a
full retest of recent lows are a real possibility. The 60
minute $compx closed right on the 62% retrace (all in one day?!) from 10/26 low to 11/6 high. The "black marubozu" on the daily chart has me looking for similar action tomorrow.
Perhaps another day of sitting on shorts looking for signs
of reversal. Reversal probably not tomorrow. But who knows?
Regards,
Eichler