Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (24974)	8/23/1998 10:47:00 AM
From: Monty Lenard	Read Replies (1) of 94695

Hi Donald, good scenario and one IMHO that will play out. I have to take exception to the last sentence. "This also falls in line that the HAMMER that people are noticing is actually a HANGING MAN = BEARISH" Let me SCREAM. :-) THIS IS NOT A HANGING MAN!!! IN FACT IT IS A HAMMER AND CONFIRMS WHAT YOU ARE SAYING WILL HAPPEN IN THE NEXT 2 SESSIONS!!! THE CANDLES ARE GENERALLY SHORT TERM NOT LONG TERM!! IF THIS WAS A HANGING MAN THEN IT WOULD INDICATE MON & TUES WOULD BE DOWN DAYS RATHER THAN THE UP DAYS YOU ARE PREDICTING!!! Now that I am though screaming, if your scenario plays out for Thurs & Friday it still will not PROVE your case that this was a hanging man since that is more long term than this candle is predicting. :-) No offense meant. See ya Monty

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