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

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To: The Perfect Hedge who wrote (998)12/17/1997 1:56:00 PM
From: MonsieurGonzo  Read Replies (1) of 1589
 
Glen; RE:" AOL AXP, etc..."

If it closes lower than it opened then candle is red right ?

...right, Glen - but for that Doji on AXP and TRV to become an Evening Star, today's candle has to be lower than the Doji (I think that's how it is, right guys?) ...and that isn't the case. Banks are jumping on the lower interest rates.

XMI.X the Major Market Index is showing a weird Doji as of right now - needs some strength.

I'm a little pre-occupied watching INTC right now, Glen - it had a couple million-share blocks cross about an hour or so ago - and it is drifting down to its critical support. We don't wanna lose INTC support at 68~70, amigos.

See you got your nice bounce and upgrade in EVI today, Glen.

-Steve
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