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Gold/Mining/Energy : Winspear Resources
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To: maintenance who wrote (9962)12/3/1998 9:07:00 PM
From: John Paquet  Read Replies (3) of 26850
 
Hey!! maintenance:

I am glad that you ask and you are the very first person that asks TA tool that I mentioned in this SI talks.

Also; I am 101% agree with your comment that "to predicate an investment decision on SI talks is rather silly. SI is entertaining though.""

HAHAHAHAHAHAHHAAHA & YAHOHOHOHOHOHOHOOHOHOHOHOHOHOOHOH!!!!! At least I met a buddy in this SI talks; who is interesting. My goodness I luv it. As a matter of fact; while making some profits, I enjoy many many happy hours.

Having said that; let get into the question you asked:

dark shadow means that when a stock traded in a day, it open somewhere and moved it to some hi level and then closed at the very lowest of the day then it is called long dark-black shadow it looks like a black and dark shadow candle images; having said that, I would like to emphasize its significance in the candle-stick theory. This long dark-black shadow implies market is very very bearish, you can ask yourself why in the 'ell the market closed at it day's lowest level then you see what it means. For example our WSP yesterday opened at $2.87 {?} then moved up to $3.11 and tested that $3.11 TWO TIMES unsuccessfully, and then profit takers moved in aggressively, drove our WSP to the lowest of the day, yesterday at $2.81. Isn't that the most gorgeous example of this "LONG DARK-BLACK SHADOW" aS TODAY trading our WSP indeed bearish.

Now I am going to ask you this more significant application of this "LONG DARK-BLACK SHADOW" IMAGES BACK TO BACK ; two days in a row, how bearish it is???????

Please answer me before tomorrow market open. I could tell you the answer though!!!! :: that is WATCH TOMORROW TICKER CLOSELY AND SEE THE IMPACTC ETC...... and you will find the answer.

Candle-stick theory is one of the TA tool that many market technicians apply for their day to day market trading.

Good luck to you BUDDY!!!!!!!

John Paquet
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