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


To: Stoctrash who wrote (56106)10/22/1998 2:54:00 PM
From: donald sew  Respond to of 58727
 
Fred,

Right now the DOW has regained alot of todays loss, now only down 15.

If it closes here, many will feel that the market is very strong and that this dip is over. Per the CANDLESTICKs, its a black HANGING MAN which is a significant reversal signal. Even if it was to close slightly positive (up 30), it would still be a HANGING MAN, although a white one.

We still have an hour left, and the TICK is up 700 with the DOW still in negative territory.