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 (1193)	3/28/1998 9:19:00 AM
From: donald sew	Read Replies (2) of 1589

Hi Steve and gang, I did not know there was a candlstick thread, until it was mentioned on the TSO thread. Look at the DOW's weekly chart - its a pretty good BEARISH HARAMI CROSS reversal signal. Also saw your note on the OEX - 2 DOJIs and a BLACK SPINNING TOP, all 3 in a row. If that isnt a sign of indecision. The OEX also had a BEARISH HARAMI CROSS on the weekly charts, but not as nice as the DOW. I can't get charts on CRUDE but you mention that it was a big white day followed by a DOJI. If the DOJI was within the body of the preceding white day, then thats a bearish HARAMI CROSS. So I guess its hinging on the news from the OPEC meeting on MONDAY. What the heck do we call the chart on CSCO - 3 EVENING STARS (g). This market has been sending the candlestics for a loop as well as all my other indicators, but with the performance last week, especially the DOWs, it appears normality is starting to return. You hit QCOM with that MORNING STAR which landed on MAR 24. Good job. Seeya

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