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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (6128)	3/16/2001 11:11:55 AM
From: Teresa Lo	Read Replies (1) \| Respond to of 8925

ORCL: I think if it can trade over yesterday's high, it would be a good indication that it might have reversed. And then it would need to thrust up to show you that the low price has been rejected. The trigger would be yesterday's high plus 1/4. Note that will also produce an upswing on the daily swing chart. ottographs.com Also, note that there is a small falling wedge on this chart, and today's action is a small doji, much like a low of an "abandoned baby" pattern. A trap for shorts is the higher probability scenario, I think. ottographs.com T.