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Strategies & Market Trends : Value Investing

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To: J Mako who wrote (44563)	9/25/2011 7:24:38 PM
From: Sergio H	1 Recommendation Read Replies (2) of 78464

Don't Don't take any information as reliable on its own. Each piece of information is a part of the process. Large volume on any given day could be for numerous reasons and might be insignificant on its own. Its volume relative to price change and trend that is most noteworthy. Hope I answered your questions. TA just looks for patterns. Since Aug. the market has been volatile but stuck in a trading range. One technical signal is extremely bullish for the market for tomorrow based on the opening and closing prices on Friday. We are at the low point of the trading range. The Hammer is signaling a reversal. Candlestick is brand new to me. Take a look at the candlestick formation know as a hammer. hotcandlestick.com

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