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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (646)	7/11/2001 7:00:58 PM
From: Vendit™	Read Replies (2) \| Respond to of 8752

Look to the left of this chart at the top of the second candle. Now compare it to the bottom of the white candle body formed today. askresearch.com That "gap" at the top of the left candle filled today. Short term stochastic (5-3-3) is now in the buy zone as of todays close. I'm not calling a bottom but just referencing the gap vs the 5-3-3 stochastic timing is worth noting. The 3rd positive indicator is todays candle which is called a hammer. The hammer formed on a down trend is short term bullish and can many times mark a bottom forming. Main very short term support is located at about 1960.