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


To: donald sew who wrote (40355)1/8/2001 5:06:46 PM
From: Area51  Read Replies (1) | Respond to of 42787
 
For those that haven't studied candlesticks this can be helpful in understanding what Don is talking about:
equis.com

Thanks Dan for posting all your useful information. Looking good for tomorrow: (a) a higher low; (b) favorable candlestick pattern; (c) CNBC stressing the "first five days of January determine yearly performance" tells me that professional investors want to buy (thus they want retail investors to sell).

Best Regards,
Area51



To: donald sew who wrote (40355)1/8/2001 5:33:20 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
Is the COMPX forming an inverse H&S: two shoulders at 2288 and 2299, and a head at 2251?

If we gap up in the morning, we will create an island reversal, with an upside target of 2650.

Also, today's COMPX close (2396) was higher than the open (2388).