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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (42982)5/11/1998 8:26:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 58727
 
Interest Rate and Treasury Price Discussion

biz.yahoo.com



To: ViperChick Secret Agent 006.9 who wrote (42982)5/11/1998 9:54:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Lisa,

>>>> do you agree and what does this shooting star mean? <<<<

Shooting stars are normally reversal signals and occur after a trend.
The only thing that bothers me is that this trend was so short, in reference to time. It would also have been better if it gapped up. Also look at the DOJI, the upper shadow is much longer than the lower shadow, another negative hinting that the bears won out.

However, what I am noticing is the possibility of a TECHNICAL DELAYED DIP, which should take us to at least the previous low, at which time it will become a CLASS BUY for a short/small pop.

Seeya