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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (40223)1/31/2001 6:48:10 PM
From: stormrider1  Respond to of 56535
 
Max, OMNY just looked like a panic sell off to me, and yes when it broke 3 the short covering began IMO. I could find nothing that would cause the sell off. I almost bit at 3, but the drop came with a lot of volume and scared me off. I'll keep in on my screen for a few days to see if it based :) Mike



To: LTK007 who wrote (40223)2/1/2001 6:15:04 AM
From: stormrider1  Read Replies (2) | Respond to of 56535
 
Max, check out the candle printed yesterday, that very well could have been a bottom. As you know a hammer usually indicates a trend reversal. Mike
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