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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (20979)10/5/2001 8:01:26 PM
From: Justa Werkenstiff  Respond to of 52237
 
Paul: Check out the chart for XLF (Spider Financials) and note the increasing volume here the past two days as the selling has intensified. Also note the low volume off the recent bottom as the price rose until the apex of the recent top had been reached and the selling commenced:

stockcharts.com[w,a]daclyimy[db][pb50!b200][vc60][iUb14!La12,26,9!Lg]



To: Paul Shread who wrote (20979)10/6/2001 4:49:03 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 52237
 
Paul and Don: BKX has three outside down pattern. This appears to be a high reliability pattern. It may be imperfect because the second day's body does not completely engulf the prior day's body (misses by less than I point I think) unless you count the bottom shadow in which case it does fully engulf. Third day was definite confirmation though:

litwick.com


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