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Strategies & Market Trends : Swingtrading - Tricks of the Trade
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To: bobby is sleepless in seattle who wrote (40)10/4/1999 10:28:00 PM
From: Brandon  Read Replies (2) of 551
 
Bobby,

I tend to only use the doji as a short signal as it has been my experience they work better at a top then at a bottom. A doji is significant in that it shows a day in which the buyers could not continue driving the stock higher at a top, or lower in the case of a bottom. It simply shows the possibility that the current short term buying (or selling) may be drying up. This is especially powerful when combined with the core setup. I would never short a stock with a doji being the only reason for doing so as Im sure that is a losing proposition over time, however when used in combinations it can be a very powerful indicator.

Brandon
www.mtrader.com/swingtrade
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