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

To: ftth who wrote (858)	12/4/1997 1:40:00 PM
From: ted birnbaum	Read Replies (1) \| Respond to of 1589

UGLY - news considers spinoff of sub finance biz, Book value 9+ selling for 9 5/16 nice candles last 3 days show bottom reversal.

To: ftth who wrote (858)	12/4/1997 7:15:00 PM
From: Esteban	Read Replies (1) \| Respond to of 1589

90 minute candlesticks patterns been marking every major intraday turn in the SPY (S&P 500) chart for three weeks now. It's uncanny. There may be some times that a false signal was generated in between the tops and bottoms, but if you filter out the unlikely places based on support and resistance areas, you get a pretty amazing picture. 11/13 closing at 15:00 bullish engulfing, 11/17 - 15:00 shooting star, 11/19 - 10:30 morning star (close), 11/21 - 12:00 bearish harami cross, 11/25 - 13:30 bullish engulfing, 12/2 - 12:00 bearish engulfing, 12/3 - 13:30 piercing line, 12/4 - 13:30 bearish engulfing. 90 minute candlesticks have got my attention! Esteban