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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Andreas Labrakis who wrote (10796)	6/25/1998 5:22:00 PM
From: Chris	Read Replies (2) \| Respond to of 42787

just from a quick yahho chart check: open was high. (way high) and close was very low. look like a reversal. will check tonight.

To: Andreas Labrakis who wrote (10796)	6/25/1998 5:30:00 PM
From: Judy	Read Replies (1) \| Respond to of 42787

Andreas, I don't follow ONSL specifically, but it probably gapped up with the rest of the internet sector when MSPG announced a 3-1 split and surged 12 points. After the initial gap, ONSL would tend to resume its normal trading pattern. My comment on reversals for the tech bellweathers is different. Stocks that have been in a strong uptrend for multiple days usually exhibit reversal when they closed lower than their open. Maybe Jeff Jordan can comment on ONSL, he is bullish on the stock and uses both TA and FA for trading and investing.