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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: pls418 who wrote (7874)3/14/2002 3:04:13 PM
From: chowder  Read Replies (1) | Respond to of 206202
 
You're not looking at today's pattern! Your one day reversal pattern didn't get any confirmed follow through. The price for CREE is down today.

Experience will teach you to look for confirmation on reversal patterns. <g>

dabum



To: pls418 who wrote (7874)3/14/2002 3:11:51 PM
From: RWS  Respond to of 206202
 
Excuse me if I'm butting in, but the pattern yesterday has a gap. Price only recovered 45% of that drop, even though the candle closed near its high. If price had opened near the previous day's close instead of gapping you would see a long black candle with a tail.

The bottom of that gap can be considered resistance for now.

Regards,

RWS

Edit: look at HAL 010402



To: pls418 who wrote (7874)3/14/2002 3:39:55 PM
From: jim_p  Read Replies (1) | Respond to of 206202
 
Steve,

Strange you should ask.

I just placed an order in for JNPR and CREE.

One of these times, I'm going to buy and hold these two.

I'm counting on brother Bum's pet monkey to call the bottom in the Naz at 1850.

HC looks safe now that the gap is closed.

Got orders in to pick up some HAL and HC.

Sold 1/2 of my VPI for a 30% gain. (earned that one the hard way)

MVK getting sold off on the equity offering. Bought some MVK at 14.15 today.

Weshallsee???


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