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Strategies & Market Trends : Ask DrBob

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To: bcrafty who wrote (46131)10/17/2001 7:46:50 PM
From: shoreco  Read Replies (1) of 100058
 
bcrafty, That candle stands alone in candle land...LOL...I did a little research and the closest I could come to matching the beauty of that beast was on 01/24/00 when the daily candle took out the prior 5 days and net a move of 7% to the down side 5 days later. Another one came on 04/10/00 when it took out the prior 3 days but this baby net 22% to the downside 5 days later. Besides those two that baby stands alone, therefore I'm going to call that candle

"The beauty of the beast"

EOM
Shoreco

PS
I was this close () to selling my S&P puts this morning, and "Yes" they are worth 50% more than they were yesterday. <G>
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