Candlestick Charting--The unknown indicator Message Board

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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: Ahmed Elneweihi who wrote (632)	11/22/1997 12:40:00 AM
From: MonsieurGonzo	Read Replies (1) of 1589

Ahmed; RE:" ORCL..." Ahmed, I've been following this stock on a daily basis since you brought it to our attention. There's Dojis all over the place! I assume that (unless they are gap-up or gap-down from one another), Dojis cancel one another out (usually). I cannot read ORCL at all - it looks like it wants to break out or bust down, but that the bulls and bears keep fighting one another to a standstill. The resident expert on this thread is not me, Ahmed. I've only got about half a year on these Candlesticks, and I'm learning about something new every day. RAINIER is the person I defer to whenever I need help / confirmation. Do yourself a favour and get some second opinions because, you know, I'm just looking at the charts and trying to read them like every one else, ok ? -Steve

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