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

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To: Tommaso who wrote (22624)5/15/2003 11:18:49 AM
From: chowder  Read Replies (1) of 206104
 
I have had many responses over on Yahoo about black filled candles in the high range of a trend. I'm not going to go and search for them. I've discussed them on HTP and here as well, in the past. In the world of candlestick charting, a black filled candle in a rising trend is a kiss of death pattern, indicating a very potent bearish reversal pattern. Such a pattern appeared a couple of days before the sell off.

I don't tell people to sell because I don't know their goals and objectives. I can tell you that when you see black filled candles appearing during a quick uptrend, the odds say you're going to see a reversal.

Black filled candles in an uptrend - very bearish.
Hollow red candles in a downtrend - bullish.

stockcharts.com[h,a]daclyiay[d20021115,20030512][pf][vc60][iut]&pref=G

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