Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Litwick.com candlestick charts -- Ignore unavailable to you. Want to Upgrade?

To: Jaime Leiderman who wrote (5)	6/11/1999 6:31:00 PM
From: Vendit™	Read Replies (1) \| Respond to of 8

Call me a tight wad but when I can find it free on the net I can't pass up the price. I have read no candle books but have learned a great deal from comparing daily candle formations to those found in the Litwik glossary. It took me a little time to begin to understand why a candle took on it's unique shape each day but they really paint a nice picture of trading activity as well as investor sentiment. Finding short term tops and bottoms are something I find them useful for. It is interesting to note that a hanging man candle at the top of a up trend tells of a top and the same formation in a down trend tells of a bottom. Once this is understood then trading patterns are easier to visualize. Vendit