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To: victorw who wrote (87701)2/19/2001 10:31:51 AM
From: Timelord  Respond to of 95453
 
victor - Funny how two people can look at the same thing and have different conclusions. I'm not sure what you're looking at as the last five s/t tops, but take a close look here:

1. Early September trading channel with a nasty gravestone doji and subsequent drop to the low 50's.
2. Early October run culminating in a shooting star candle just at the prior Sept high. If that wasn't enough, a huge, confirming dark cloud cover pattern followed with another slow stairstep down to the low at 32.63.
3. The end December high with another shooting star and bearish engulfing pattern.
4. Fridays close appears to be another shooting star, but this is a pattern which requires confirmation. That's why my caveat to watch the open and trading on Tuesday.

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Good luck,

Alex