Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.31

+4.5%

12:59 PM EST

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To: stan s. who wrote (7375)	4/16/1999 8:47:00 PM
From: Michael Olds	Read Replies (2) of 17679

My chart for today shows a doji. My "expert" is calling this a doji star, meaning that it gap't the previous candle. Does a doji star get a special definition? The other thing is, that the gap, (if it means box to box) was down. This type of candle is supposed to indicate a reversal, subject to confirmation by the next day. So the question is, is this supposed to be a reversal of the mini-trend of the last three days? Or of the short term up trend? I would like to say that this is a question about the meaning of candlesticks. I in no way think that the short term trend is about to reverse. If the story were to end in a complete blank trail from here on out with regard to "developments" and "announcements" I might buy it as a signal of worry about the earnings report. But the story is clearly not going to just evaporate here.

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