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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (20612)1/10/2002 1:08:38 PM
From: Oral Roberts  Read Replies (1) | Respond to of 99280
 
Seems like those P&F triple tops tend to pull back to the breakout. I wouldn't be surprised to see 40 on EMLX. It also made it's last high on lower RSI which is a pretty reliable short.



To: Rich1 who wrote (20612)1/10/2002 1:10:33 PM
From: bobby beara  Read Replies (2) | Respond to of 99280
 
Rich, i think yesterdays shooting star capped off wave 5 of the rally from sept lows, would have to take out yesterdays high for the wave to extend,

emlx being the highest relative strength leader on nasdaq, a close here or below would put an evening doji star on it, not a good sign for the overall market.

b


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