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

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To: ted birnbaum who wrote (1022)12/22/1997 7:57:00 PM
From: John Gault  Read Replies (2) of 1589
 
Ted, I don't know about ugly. I like to see volatility, volume, or a clear reversal sign. I don't see much there.

Take a look at this.. iqc.com

Big move then the "rickshaw man". Good clear sign with some volatility.
I bought the jan 30 puts for 1 dollar today. I think there is a good chance the stock will drop back to 28 or so.

cheers..

Ps. The staddle on fpfg was 9 dollars... ouch. way to high for me.
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