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

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To: Esteban who wrote (1011)12/19/1997 6:36:00 PM
From: MonsieurGonzo  Read Replies (1) of 1589
 
Se¤orGonzo; RE:" Long-Legged Doji - the Rickshaw Man "

Been looking him up, Esteban. Take a look at PG's weekly chart, for example. They're all over the place. MSFT,D for example.

...the Market has lost its sense of direction says Nison about the Rickshaw Man. Of course, the big one is on SPY,D on my chart (your SPY is always a little different than mine).

Big time Hammers on the NDX.X and OEX.X indices.

Odds are, we bounce UP here, don't you think ? Downside (we're at yet another neckline on my charts) is potentially there - I'm seeing some patterns in certain sectors that still do not look good; will have to do a more complete scan this week-end. But the NAZ looks better, for sure, than it has in a while. Strength appeared to be in the large cap stocks - still not broad-based yet. But, lotsa hammers made today. Big old Doji on INTC,W

Long-Legged Rickshaw Man - the current sentiment.

-Steve
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