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Strategies & Market Trends : Steve's Channelling Thread

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To: jhg_in_kc who wrote (2090)	6/1/2000 10:22:00 PM
From: Bosco	Read Replies (1) of 30051

<ot>Hi jhg - gravestone doji is no joke. It is a candlestick TA terminology. It opens and closes more or less at the low with a spike [wick w/o a body.] It suggests the previous rally has exhausted and there is a strong tendency for reversal [into the bearish sentiment.] Does it work all the time, probably not. Is it useful? I think so. best, Bosco

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