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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (7661)	1/8/1998 2:11:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 12039

Richard- we've got a debate going on on the oil thread.Can you set us straight? >>Does a support price get stronger if it gets tested and keeps holding?We are looking at the osx which has tested 99 several times.Doesn't that mean that it's getting stronger with each test providing that it holds?TIA.GD

To: Richard Estes who wrote (7661)	1/10/1998 2:10:00 PM
From: gbr	Read Replies (1) \| Respond to of 12039

I just joined SI, and read most of the posting on TA for Beginners. I too scan all my stocks for the best ones I think will be making a major move. I have MS6.5 and am very happy with it. I ran across a program I was wondering if anyone have any comments,opinions etc. Its called "CandlePower" by North System. The purpose of the program is to find those issues that are most likely to reverse their trends.The program uses 10 popular technical indicators and Candlestick Charting. When all the indicators gives a buy signal at once, you get a stock that might be worth looking at closer. Opinions and comments are welcome thanks