Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Chip McVickar who wrote (42273)	7/22/1999 8:54:00 AM
From: Lee Lichterman III	Read Replies (1) of 94695

I agree but my point was that even if we rally near where we started the week, it would still form a hammer top which while not fool proof usually appears near or at the top just before a stronger decline. ABout the only way we wouldn't form a bearish candle is if we rallied to a point way above last weeks high which would take a lot IMO. Good Luck, Lee

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