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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: wolfgangl who wrote (2256)7/29/1997 11:10:00 PM
From: TechTrader42   of 3325
 
Moving on to candlesticks (my last indicator before I resort to the astrolabe, I think), ATMS shows a dragonfly doji tonight (which looks basically like a big "t").

A dragonfly doji, I'm told, means a turning point. So what kind of turning point -- up from Monday's black day, or down from the three white days before that black day? Dojis signify indecision. Will tomorrow present us with a butcher or a baker, ye candlestick makers? A slaughtered bull or a rising loaf?
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