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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: chowder who wrote (7866)	3/14/2002 8:14:52 PM
From: Warpfactor	Read Replies (1) of 206191

Was SI down for awhile?? Could not acess it. Dabum: A hammer looks like a hammer with the mallet end on top. Signifying the bottom of a trend has been achieved. Regarding the top of a trend, I had the idea that a reverse hammer was the bad thing, with the mallet on the bottom. Signifying that a stock opens at a certain point, euphoria kicks in and "dumb money" buying pushes the stock up intraday. But then sellers kick in, driving the stock price near to or below the open - very deflating for intraday buyers. I would think a mallet-up hammer would be bullish on an uptrend. Warp

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