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Strategies & Market Trends : The Market Beacons -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (524)3/21/2001 1:52:09 AM
From: Monty  Respond to of 1298
 
Mag

Moderately bearish engulfing candles put in today on the
COMP, QQQ, NDX, and even the SPY & XLK.
A black candle tomorrow with a lower close would result in a highly
bearish "3 Outside Down" pattern, if we were talking about an uptrend here.
But the implications of a topping pattern could be similar. IMHO

Take care!
mj