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


To: George Mc Geary who wrote (34204)10/27/2000 8:22:00 AM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Hi George,

Its been awhile.

It sounds like you are describing a HAMMER with a very long lower shadow. They are fairly reliable reversal signals.

I dont follow stocks that much, but one thing I noticed with these very long shadows with the indices is that one day may already account for a good portion of the immediate short-term rally.

seeya