Candlestick Charting--The unknown indicator Message Board

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

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To: Mike Perras who wrote (1486)	1/10/1999 6:09:00 PM
From: Greg McDaniel	Read Replies (1) of 1589

I do not see a candlestick pattern as of the close of business Friday for IOM. There are some patterns highly reliable when the rest of the market is not over reacting to asia news, interest rates, bearish news, etc. So one has to look at the market as a whole when evaluating the candle sticks. They are also good for looking at the big picture. An earlier posted asked about AMZN. It would be good to look at the internet sector as well. I just subcribed to litwick.com and it is sending email to me daily candlestick alerts for my portfolio as well there bullish and bearish indicators. Opportunity to learn there about candlesticks. Also suggest you try the Morris books on Candlesticks. LOL

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