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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: JRI who wrote (5380)4/9/2001 9:05:33 PM
From: donald sew  Read Replies (3) of 52237
 
JRI,

>>>>> what would Dojis mean here? An end of the upbounce from last Thursday, or an end of any pullback? >>>>

As we all know, DOJIs are points of indecision and often come at pivot point after a significant rally or selloff. However, DOJIs can also occur during a rally or selloff, giving a pause.

Right now my short-term technicals are SMACK in the middle which is indecision territory and there was a DOJI which is also a sign of indecision. Statistically, it is now telling us - INDECISION. gggggggggggg No firm direction can be made from todays DOJI. Todays DOJI has as much meaning in determining direction as the dumpling in my stomach. gggggggggg

For other reasons besides today DOJI's, I think there could be a little more upside.
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