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To: Stefan Habermayer who wrote (66)5/19/1998 1:28:00 PM
From: Bosco  Respond to of 162
 
Dear Stefan & all - Stefan, thanks for the heads up. Also, to followup on my previous post. If there is no selloff, it seems that we are in a reversal mode. If we are closing now, my guess is that we have a "Rising Three Method" signal on the candlestick, which is deemed highly reliable.

best, Bosco



To: Stefan Habermayer who wrote (66)5/19/1998 6:36:00 PM
From: Bosco  Read Replies (1) | Respond to of 162
 
all - since I ve opened my big mouth earlier, I should followup on a comment in my previous post. According to the candlestick chart, we got a "hamrami bullish reversal" and not "three rise method." It is a reversal alright, but the reliability is rated "low" while the latter should be "high."

Still, reversal is better not <G>

best, B