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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: JH who wrote (11661)7/21/2000 1:45:12 PM
From: Red Heeler  Respond to of 24042
 
My chart shows a classic hangnail pattern at the dojo which appears to be crossing over to Tim-buk-tu.

For those of you unfamiliar with the hangnail pattern that means Just Don't Sell Us or we'll kick your portfolio all the way to Mali.

CC



To: JH who wrote (11661)7/21/2000 2:43:58 PM
From: blaireo1  Respond to of 24042
 
John --

<<Pages 29 - 38 in Steve Nison's "Japanese Candlestick Charting Techniques" discusses how to use the Hanging Man to forecast the market. Yes, it IS a bearish indicator, PROVIDED that there is a downward-bias the following day.>>

Interesting reading. However, I was betting against the hanging man theory today... but just in case, I removed my shoelaces from my shoes. :-)

Blaireo


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