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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Horswspr1 who wrote (15150)	10/24/2000 5:50:56 AM
From: horsegirl48	Read Replies (1) \| Respond to of 19374

Hi hows the horses? Getting ready for winter? If you have winter there? Glad to see you posting, horsepeople unite! HG48 :^)

To: Horswspr1 who wrote (15150)	10/24/2000 6:08:06 AM
From: Vendit™	Read Replies (2) \| Respond to of 19374

Horswspr1 I see it as a preview of a likely short term reversal. That candle more times than not will mark the top of a trend. It will take another negative candle today to confirm the doji as being the real thing. When I look at the others indicators like stochastic and William’s R% I tend to believe that we will see the top confirmed today. From the book: Candlestick Reversal Patterns Just as many traders look to bar charts for double tops and bottoms, head-and-shoulders, and technical indicators for reversal signals, so too can candlestick formations be looked upon for the same purpose. A reversal does not always mean that the current uptrend/downtrend will reverse direction, but merely that the current direction may end. The market may then decide to drift sideways. Candlestick reversal patterns must be viewed within the context of prior activity to be effective. In fact, identical candlesticks may have different meanings depending on where they occur within the context of prior trends and formations. Doji Stars -- When a doji gaps above a real body in an uptrend, or gaps under a real body in a falling market, that particular doji is called a doji star. Two popular doji stars are the evening star and the morning star. offshore-investors.com Confirming the top:>>> Evening Doji Star -- a doji star in an uptrend followed by a long, black real body that closed well into the prior white real body. If the candlestick after the doji star is white and gapped higher, the bearishness of the doji is invalidated. offshore-investors.com Now your chart showing the doji along with an over bought condition as pointed to with stochastics, a flat money flow and a maxed out William’s R%. askresearch.com