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To: Win-Lose-Draw who wrote (9978)4/8/2003 1:14:09 PM
From: catchingwave  Read Replies (1) | Respond to of 10157
 
OK, I see what you mean. Do you know what the bearish case would be at this point?



To: Win-Lose-Draw who wrote (9978)4/9/2003 12:28:19 AM
From: Dan Duchardt  Read Replies (1) | Respond to of 10157
 
that wasn't a reversal. if friday had been up big, or if we had run up from the gap on monday, it would have been a reversal. that was just cancelling overnight noise

Tell that to the people who bought during the first hour of the day. Canceling overnight noise would have started at the open. This up move lasted through 20 to 25% of the days volume. How far into the day do you think it has to go before it's a reversal?