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good2be

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good2be

Re: justfrank post# 16794

Monday, 03/06/2006 10:58:14 AM

Monday, March 06, 2006 10:58:14 AM

Post# of 44374
Justfrank, or close above open ($3.35)?

Just looking at what american bull said Fri re: Bullish Engulfing Pattern

"The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.

If the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark."
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GTE&MarketTicker=AMEX&TYP=S

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