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Strategies & Market Trends : MOVING NOW!

CTIC 9.090

0.0%

Jun 26 5:00 PM EST

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To: TWICK who wrote (443)	10/11/2000 11:30:56 PM
From: Susan G	Read Replies (1) of 8046

I am no candlestick expert, but an abandoned baby always has a a doji the second day, whether it's bullish or bearish. That chart sure has me befuddled, it's scary looking too <g>. Looking in the litwick glossary it almost looks like day 2 of a downside Tasuki Gap. It's similar to the pattern on your chart from April 21-24 except for the first of the three candles... Downside Tasuki Gap Bearish The first two days are black days with an opening gap The third day is a white day that opens within the body of the second day and closes within the gap of the first two days What it Means In a downtrend a black day occurs, followed by another black day that gaps down. A white day ensues, and is likely the result of investors temporarily taking advantage of the low buying price. The trend should continue to follow the direction of the downward gap. So tomorrow may be the low price shopping day <g>

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