Ask DrBob Message Board - Msg: 14409005

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	9/19/2000 10:33:46 AM
From: TraderMERL	Read Replies (1) of 100058

FLACK wb. Question for you on candles Does high volume day for a given candle make the candle more valid? ie CMTN was at a bottom and had a doji on high volume after major tankola. Indicators sucked in general. Just wondering if I can draw any conclusions on just a doji at bottom if it is on high volume. Also, depending on the doji pattern ie dragonfly doji versus gravestone doji versus flat doji, is it possible to draw any conclusions? Note, the KEY issue here is that stock is very close to bottom and the candle is on high volume. Thanks

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