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To: horsegirl48 who wrote (9504)1/30/2001 3:09:06 PM
From: Walkingshadow  Read Replies (1) | Respond to of 13572
 
HG,

Probably, but that would also depend on how it closed. If there was a very bearish candle formed, with weakening technicals, but the close was at 41, then that would mean one thing. But if volume was ramping up, and there was a tall white candle with continued buy signals, that would mean something far different.

If I were out of CPST right now, I'd probably just watch it now to see what its intentions really are. A bullish close at or above 41 would likely be an entry signal. Alternatively, if I were to enter, I'd maintain a tight stop, just below the low of the day.

I'll look at it again after the close and post back to you. Things might be clarified at that time.

WS