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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (29096)9/6/2000 12:22:16 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Michael,

>>>> I dont follow that upper shadows on white candles indicate a pull back coming <<<<

Yeah, I just mentioned it this weekend in a post to Bobby Beara. Something I learned from a Chinese old-timer recently, who used candlestics in the SPICE and RICE trade. Its not in the text-books.

Its not a biggy, could be just a pause then continuance. They are similar to INVERTED HAMMERs but without the intensity.