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Politics : High Tolerance Plasticity

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To: chowder who wrote (11528)1/7/2002 8:01:41 PM
From: Sweet Ol  Read Replies (1) of 23153
 
Dabum, I also notice that we have a Bearish Engulfing of yesterday's dogi. A similar pattern on August 27 presaged the big drop to Sept 21. Technically, a Bearish Engulfing is supposed to engulf a white candle, but a doji is both black and white. It has been my observation that a key factor is how much bigger the black candle is than the white one.

The weekly chart looks like it has already turned over and the monthly chart looks toppy to me. But, having said that, I still want to see a strong move down before I am convinced it is just not going to go sideways for a while longer.

BWDIK

If we open down tomorrow I'll probably double down on my QQQ shorts.

Best to all,

JRH
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