|
PureBytes Links
Trading Reference Links
|
Outside day after a substantial move (up or down) is usually an indication
that the move in progress is coming to an end..
Dom.
---- Original Message -----
From: Gitanshu Buch <OnWingsOfEagles@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 25, 2000 4:31 PM
Subject: [RT] STKl INTC
> Outside day with a close in bottom of range and afterhours follow-thru,
INTC
> now trading with a 44 handle.
>
> I wonder if such bearish patterns work after the huge gap down.
>
> Gary B Smith over at TheStreet.com had done some research advising against
a
> buy in the 1st big news-driven gap down... I guess this proves his point.
>
> No position.
>
> Gitanshu
>
>
>
|