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Strategies & Market Trends : Tech Stock Options
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To: Chris who wrote (42981)5/12/1998 9:29:00 AM
From: Tom Trader  Read Replies (2) of 58727
 
Hi Chris -- thanks for your response and the link to your site

I am going to check it out closely later later today.

DELL is a fascinating stock in terms of its ability to seemingly defy the usual technical indicators as well as gravity.

>>A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 23 white candles and 27 black candles for a net of 4 black candles.<<

If it is not too much trouble, could you explain what this means for my benefit and those who are not familiar with candle sticks. A detailed explanation is not needed -- just whether it ic considered to be bullish, bearish or neutral.

Thanks
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