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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (617)	11/14/1997 12:21:00 PM
From: Sherman Chen	Read Replies (2) \| Respond to of 1589

After seeing the hammers last night, I got back into XLNX at the open this morning.

To: MonsieurGonzo who wrote (617)	11/17/1997 5:49:00 PM
From: MonsieurGonzo	Read Replies (3) \| Respond to of 1589

Dojis and Shooting Stars Everywhere... ...perhaps not the top, but certainly a top. ________________________________________________________________ CURRENT RESISTANCE LEVELS, intermediate-term DownTrend SPX = ~ 950 OEX = ~ 910 DJIA = ~ 7740 NDX = ~ 1055 ...the indices have all risen to the resistance at the top of their intermediate-term DownTrend Lines. _________________________________________________________________ MSFT - Spinning Top, small-body, centered. Hey Bill, check your pulse, man! (sideways trading range for several months). INTC - similar, gap-up, possible Evening Star ? CSCO - gap-up Doji, rose 3 days on declining volume. Entire sector: Three Buddha Top. IBM DELL CPQ GTW - Shooting Stars, gap-up, just broke their DownTrends and are likely to re-trace even if they do turn around. MUEI - Gap-Up Doji, very likely Doji Evening Star AMAT NVLS SVGI - Shooting Stars, gap-up, rose 3 days on declining volume, to resistance at top of DownTrend Line. ETEC - little Gravestone Doji, similar action to above. STK EMC - Shooting Stars, gap-up, possible double-top. GE (the DOW, in essence) - Shooting Star possible double top. MOT - Looks like a Doji, gap-up, possible Evening Star. Candlesticks say we're going down again, folks :-( -Steve