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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (5803)3/4/2005 6:34:26 AM
From: Venditâ„¢  Read Replies (2) of 8752
 
Dr T,

A hammer is both a top and a bottom indicator depending on which end of the trend that it is formed. The shadow of course is the handle. The hammer in the case of yesterday is filled or bearish and should mark a reversal or top. If it were open then I woild also be having second thoughts.

139.142.147.218

JMO

Reid
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