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


To: Galirayo who wrote (34143)10/26/2000 3:48:17 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Ray,

Although I use candlestics extensively, I still dont rely on them solely. My short-term technicals are now in the midrange for the NAZ/NDX and they never got to CLASS BUY territory. In light of that it is giving the hint that the HAMMER, if interpreted that way, may not hold.

Plus I have the the "3-DAY PATTERN" SPX/OEX(not as clear on the NAZ/NDX).

Plus the DOW is back in still giving extreme overbought readings(pending CLASS SELL signal).