Candlestick Charting--The unknown indicator Message Board

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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: MileHigh who wrote (1451)	12/10/1998 2:07:00 PM
From: John Lee CA	of 1589

MileHigh, I user MetaStock and it is very good for viewing candlestick patterns. In looking at Intel it does seem that a Bearish Doji Star formed on 12/8 although the preceding day's candle was not really a "long" day. And on 12/9 we see a bearish spinning top. I suppose this could signify a reversal of the short term uptrend but I think it is not a really strong indication because of the short day on the Doji Star and that it is only confirmed by a spinning top. It may be just taking a breather. What is your reading on this? I will also be looking at VLNC and AMZN and responding to the other posts. Hope others join in so we can all learn about candlesticks. I personally see a large potential in the combination of candlesticks and stochastics. John Lee

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