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Strategies & Market Trends : today's chart
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To: John K who wrote (596)9/21/1997 5:01:00 AM
From: Michael Quarne   of 1267
 
HI John, I was talking today with a fellow worker who is a conservitive trader. He mentioned that Larry Williams, in one of his books talks about a gap down and close up that same day as a very reliable signal to enter the market. We were viewing a chart of GEHL in candles, so if your viewing candle charts, the long tail has postive meaning. This is not something I know first hand, but my friend seems to have some very good Ideas and explainations for some entry points.

Perhaps the more knowledgeable can confirm or refute these comments.

Regards

Michael
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