Candlestick Charting--The unknown indicator Message Board

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

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To: MonsieurGonzo who wrote (1191)	3/27/1998 1:58:00 PM
From: MonsieurGonzo	Read Replies (5) of 1589

RE:" Morning Star, QCOM " ...bought 10 QAQEJ QCOM May 50 CALLs @ 3-1/2 ...bought 20 QAQEK QCOM May 55 CALLs @ 1-3/4 - The OEX.X S&P-100 index has had two, consecutive Dojis for Wednesday and Thursday's sessions. - MOT has a very interesting candlestick chart this week -- starting with an inverted hammer on Monday, followed by a long, white candle and then two, consecutive Dojis. - Look at PRIA and VECO (two, semi-equipment stox) and note how PRIA followed all the rules (for a little top-reversal) but VECO did not. There is a magnificent, Morning Star Hammer on PRIA in January, complete with climactic volume, surrounded on both sides by twinkling Dojis. Before you write off PRIA as "going down", look at the weekly chart - looks kinda like an inverted hammer, huh candle-freaques ? -Steve

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