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Politics : High Tolerance Plasticity
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To: Steeliejim who wrote (12892)3/19/2002 10:35:33 AM
From: chowder  Read Replies (2) of 23153
 
Jimbo, that pattern from yesterday is called a Doji (doe-gee). It's a pattern that indicates indecision between the buyers and sellers. Depending on where it appears in a trend, it can and often does indicate a change in direction.

Confirmation is usually required. Confirmation in this case was a gap up at the open and it needs to close up. This would indicate a reversal is in play.

Stochastic turning up too. That's a good sign.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

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