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Strategies & Market Trends : Candlestick Picks and Discussion

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To: Lans who wrote ()	2/29/2000 9:38:00 PM
From: Lans	Read Replies (1) of 4

ARBA had a hanging man candle on the daily chart yesterday. This could mean a reversal in trend if only temporary. Today we got confirmation of a break in trend with the close being below yesterday's body. This should indicate some more downside. I traded it short today profitably and I am short @264 1/8 overnight. It wasn't the best entry. My candlestick analysis needs and wants critiquing(spelling?). Please do not base your trades on my analysis. I am very inexperienced in candle stick charting. I am posting to hopefully get help from those more experienced(which is why I started this thread). Look out hot list:) Also, I think BCHE may have formed a hammer. I don't know if it meets the requirements to form a trading opinion from it though. Lans

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