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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (19258)	1/10/1999 8:02:00 PM
From: j g cordes	Respond to of 68163

Harry, this is the company I'm talking with. In particular the PCI card. Look over their stuff: silirec.com Training data is key, and I'm thinking candlestick patterns have a better chance of working as they already are a graphical reduction of the data stream. Deciding thresholds will be tough. One wouldn't want it recognizing what's already been a good trade... not much reward there! From looking around there's a consensus (for what that's worth), that expiration week will be up then sell after... that may happen earlier, it sure seems bullish out there, time to be contrarian. I was looking at the charts from 97 into 98 and noticed how CSCO IBM and some other techs sold off after mid month. Do you remember off hand what prompted that? It wasn't an across the board selloff some sectors continued to climb. Here you can see it: quote.yahoo.com .. and I threw in a few others for comparison