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 (1463)	12/10/1998 8:53:00 PM
From: John Lee CA	Read Replies (3) of 1589

On INTC, the 3 black candles definetly point to a down trend. According to MetaStock, although they are not large enough to be 3 Black Crows, the bearish trend is indeed confirmed. On CSCO, it looks like a shooting star and a down trend may develoop. But the stochastics are not overbought so I would not bet the ranch on this as a reversal until I saw someother indication. BTW, can someone tell me how to post an HTML chart to this group? MetaStock can create the HTML and it may be useful for others to see the patterns we are discussing. John Lee

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