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

To: bobby beara who wrote (13120)	7/25/1998 6:36:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

I think at this point it is even easier to keep it simple. Go to any candle chart and look at a weekly interval. The most basic formation for candles is a long white body followed by a long black body as indicating a top and coming decline. Every single stock I looked at had this formation. I keep reading here that we are due a bounce next week or the first week in August. Gosh I hope so but it seems this very basic candle formation is betting a different way. Also as Chris has pointed out, use other indicators to back it up. The stochastics, RSI, momentum, moneyflow even Mutual fund outflow data all confirm this is only the beginning. I wish I had money left for puts. <ggg>