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

To: flatsville who wrote (34307)10/29/2000 1:01:29 PM
From: Square_Dealings  Read Replies (1) | Respond to of 42787
 
flatsville,

the doji or shooting star looks black to me. Next week will be the tell, but I expect the dollar to pull back some, how far is the question.

stockcharts.com



To: flatsville who wrote (34307)10/29/2000 1:27:49 PM
From: bobby beara  Read Replies (1) | Respond to of 42787
 
flats, the color of the body on a shooting star is less important than the long upper shadow (bearish implications) and small body, it just shows the potential for reversal, a black body next week is needed to confirm that supply has taken control of the market.

the fact that it follows 3 white bodies and a fairly uninterupted uptrend since early june increases the odds that this may be a reversal.

b


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