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Gold/Mining/Energy : Nuvo Research Inc
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To: Montana Wildhack who wrote (5822)11/21/2000 11:24:25 AM
From: Cal Gary  Read Replies (2) of 14101
 
Hi Wolf,

Regarding:
PS - Morning & Evening Stars are reversal patterns. Morning stars are found at tops and evening stars at bottoms.

Please reverse your reversal pattern :0)

Here it is:

According to Nison
Japanese Candlestick charting techniques
page 56 reversal patterns - stars

"the Morning star is a bottom reversal pattern. Its name is derived because, like the Morning star (the planet Mercury) that fore-tells the sunrise, it presages higher prices."

page 59
evening star
"the evening star is the bearish counterpart of the morning star pattern. It is aptly named because the evening star [the planet Venus] appears just before darkness sets in."

The evening star (NOT morning star) has been good at signaling a top or consolidation tops in DMX on the dates you clearly identified.

The past couple of days is a morning star pattern.

Good Day
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