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Pastimes : The Big Tex House of Coin

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To: Spark who wrote (16741)1/17/2001 5:24:08 PM
From: Jeff  Read Replies (3) of 19297
 
bad news folks.......

we have a " black" shooting star candle......markets going down.....

stockcharts.com[W,A]DACLYIMY[DA][PB10!B50!B200!H.02,.20][VC60][IUB14!LA12,26,9!LP14,3,3!LC20]

you always want to watch the next day for confirmation.....

so if this look bad early.....just remember the candle.....

and we closed below the 2700 downtrend channel.....so we are still in the channel to hell......

the bottom sar dot is near 2420......so keep that in mind if this starts retracing.....

be careful with the little dudes the next few days.....

and any that ran that you missed.....you might want to look for a pullback .....some may pullback as much as 62%.....so do the math and use that as a target.....roll!!!!!!

tonight i will be looking for big boys to short for intraday money......so if this market does go down some.....i'll be prepared and with a plan......

if it runs more.....i still have my laggerts to play.....roll

a "black" candle is a sure sign of a trend change......and by the position.....it looks like a downtrend.....a " shooting star" is a minor reversal.....

so we should have a definite minor reversal...roll!!!!!
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