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Strategies & Market Trends : MDA - Market Direction Analysis

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To: donald sew who wrote (9542)	4/5/1999 6:54:00 PM
From: Steve Swanson	Read Replies (2) of 99985

Don, I was looking at AOL and it has a white Marubozu. According to the candle stick definition it has two ways to go...UP or DOWN. My guess is since it is not the first part of the bullish continuation it would be a bullish reversal pattern. Would this be right? And if that is right then that would fall in line with the forth coming pullback. Right? Or am I totally out of wack? >>>>>A White Marubozu is a long white body with no shadows which indicates a bullish trend. It usually becomes the first part of a bullish continuation or a bullish reversal pattern. <<<<< Thanks, Steve

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