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Strategies & Market Trends : Steve's Channelling Thread
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To: xcr600 who wrote (22914)8/4/2001 3:48:10 PM
From: TREND1  Read Replies (1) of 30051
 
xcr600
In an evening start the 3rd candle closes well into the body of the first candle.

His chart seems to have a Nasdaq close lower than 2066.

Metastock doesn't even say it is an evening star.

But if you want it to be, well ......let it be your star(g)

Again, my past studies show candle formations have low probabilities of success.

But since I do nor predict, I'll have to wait until Tuesday to see if it is a real Nasdaq top.

Hope that helps?

Larry Dudash
PS: Have you read both of Steve Nison's books?
I have and they are very interesting.
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