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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 12.40-1.2%Dec 26 9:30 AM EST

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To: floj who wrote (316)3/22/1998 4:34:00 PM
From: bill  Read Replies (1) of 1288
 
Checked the chart. See what I think you mean by a banner. It
looks like it is forming a base at 1.60 with the volume dropping
off the price being squeezed down to fit a narrowing point.

I've been fooling around trying to figure out Japanese candlesticks.
Three days ago the chart formed a dragon fly doji which according to
my notes is a bearish trend reversal. The last two days formed
identical hammers, one night, one day, both of which are reversal
signals. OBV is going nowhere but it will be interesting if both
the regular TA and the JC both turn out to be accurate signals of
a breakout to the upside.

I'm run under or over (tire tracks on one side of my body or other)
with regular business so haven't had time to learning more of this
stuff.
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