Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28520)	9/21/1998 7:25:00 PM
From: AlanH	Read Replies (3) of 94695

William, re:Hammer Looks like a bottom hammer formation to me Are you referring to DJX? If so, I can see the shape of a takuri, but it doesn't follow a downtrend. Certainly, Thurs 9/17 is a bearish belt hold (by definition, following a definitive uptrend); belt hold non-confirmed. Friday's formation is not quite a spinning top, yet could be a high-wave line. Could today's formation be a high-wave line? If so, I'd seek another high-wave line tomorrow. And if we get one, I'd anticipate a downward trend commencing on Wed. BWDIK If you're referring to DJX, would you please share why you believe today's formation to be a bullish hammer? Thanks, Alan

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