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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Galirayo who wrote (4932)11/6/1997 9:56:00 PM
From: Dave Shares   of 9262
 
(Hammers) Hi Ray,

I visually verify them all, since I want to know whether they follow a downtrend (bullish) or uptrend (bearish). I have noticed that you seem to only be pulling white hammers. Black hammers, from what I have read, are also indicative of reversals. Is your program excluding these ?

Keep them coming. I will be looking at ICGN later, which was a hammer yesterday, and was very slightly up today, maybe the reversal is happening. Earnings should be released any day.

Thanks again for everything,

David

p.s. WPNE was a hammer, I hesitated, and it was past $5 before I could do anything, so I did nothing. Earnings report was lackluster which was released after the close.
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