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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: sean sanders who wrote (183)	7/13/1999 11:08:00 PM
From: keith massey	Read Replies (1) \| Respond to of 967

Sean I would only recommend Noris second book to someone who already has a good understanding of candlesticks and want a little more insight. I checked 245pgs...150 on Candlesticks...the rest are on different charting techniques used in the East (always wanted to know how to use them on Metastock so it was an added bonus <gg>). Morris's book is good but I thought Noris did a better job of covering the basics in his first book. My favorite use of Candles is for resting stops. Look for an inside day after a trend has been in place for a while and place your stop in case it turns out to be an inside 3 down or up reverals. Has a fairly good success rate if used in conjunction with other indicators/signals and the chart volume. Of course there are dozen of uses...that is just one of my favorites. Best Regards KEITH