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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: JungleInvestor who wrote (6665)5/1/2001 3:12:08 PM
From: donald sew  Read Replies (1) of 52237
 
JungleInvestor,

DOJI's are hints of indecision. I have noticed from past experience that DOJI's(indecision points) are commonly found at PIVOT POINTs, whether up or down, and also mid-way of a move. You will notice that the few days prior to that DOJI there was a rally, but just a small one. So then the question is whether the rally is ending or is it a mid-way indecision point.

My short-term technicals were in the midrange yesterday, so combining my midrange reading with a meager rally before that DOJI, Im more incline to say its a midway indecision rather than a pivot point.

seeya
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