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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TheBusDriver who wrote (17533)8/21/2003 4:02:03 PM
From: Louis V. Lambrecht  Read Replies (3) of 39344
 
The hammer thingie is the same kind of candlestick when it appears after a downtrend. Then considered as a bullish reversal.
Currently, most call this a long upper shadow, and when the body shrinks, a gravestone.
When combined with yesterday's white body, even currently, I would call this a shooting star.
litwick.com
bearish, low to moderate reliability.
A third candlestick tomorrow, OHLC below today's candlestick would become a more reliable enening star/abandonned baby...

Who cares, this market is a plain joke. So manipulated that every sector is shooting disparately in any direction.
IMO, the powers that be are like a dog running after his own tail.

BWTHDIK.
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