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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ken W who wrote (6221)12/29/2004 3:16:00 PM
From: Galirayo  Read Replies (1) of 23958
 
[ Candle Commentary ] Ken .. Here's one for you. GLW

Look to the 22nd, butterfly doji, 23rd confirm a downward move. Count the candles till a reversal candle shows. It's on it's way to an 8 to 10 new price low. The MA [hopefully] will hold it near 11.60 - 11.50 or so till it completes 6 to 10 candles. We're on Day 5. Then look for a "Reversal Candle" I don't worry about this one much as I'm not near the Cliff .. and no one has told me to run off it yet. :) It's a Low Volume no Bid move.

bigcharts.marketwatch.com

Ray

BTW: Like that Brand Spanking New 19" Flat ? I'm still on this old 19" CRT. It's a desk hog.
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