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Strategies & Market Trends : Ask DrBob

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To: TraderMERL who wrote (5240)9/19/2000 10:45:54 AM
From: FLACK   of 100058
 
sorenkg "Just wondering if I can draw any conclusions on just a doji at bottom if it is on high volume."

I'm a big believer in volume, but if the high
volume results in a doji then as far as I'm concerned
it simply means what any doji means and that is that
we've seen a standoff between bulls and bears... whether
at the bottom or the top.
Since a doji can be an component of an important candle
pattern they're worth paying attention to even though that particular day resulted in a stalemate.
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