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

To: minorejoy2000 who wrote (37041)	12/2/2000 12:53:12 PM
From: donald sew	Respond to of 42787

Minorejoy, >>>> see if we have 3 white soldiers on BRCM <<<< Sorry, but that was not a 3-WHITE SOLDIERS, for 2 main reasons. Firstly, the upmove on those 3 days was not systematic. The opening of DAY 2 fell within the body of DAY 1 and DAY 3 there was a gap. More importantly was the relative size of the white bodies - they are quite a bit smaller than the BLACK DAYS. To be a 3-WHITE soldier, the white days should be at least about the same as the average black day. Take a look near the middle of OCT. Many would have called that a 3-WHITE SOLDIER, since it was quite systematic. However the size of those white days were slightly smaller than the black days in the same time frame. thats not to say that 3 white days in a row isnt to some degree bullish, just that it isnt a 3-WHITE SOLDIER. Sorry.