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To: Montana Wildhack who wrote (6087)12/9/2000 2:12:07 PM
From: Cal Gary  Read Replies (3) | Respond to of 14101
 
Hi Wolf, RE Mat Hold vs Rising 3

CG may see it differently, but, that's what I think
we're seeing.


Differently? Not really. We did 'not get a perfect chart.'

Both patterns from the surface look almost the same. The difference is the first black candle.

Mat hold - first black candle is a crow, therefore a gap openning. (Like an evening star candle.)
Rising 3 - first black candle is harami, in fact all black candles (usually 3 black candles) are small body and fit within the range of the first white.

Otherwise, the implications are the same for either pattern, resting but bullish!

These two are also equivalent to the pennant or bullish flag. Gives a fake bear signal, bear trap.

Re: 'not get a perfect chart.'
Because our first 'white' candle was a hanging man, I chose to combine it with previous friday white belt hold candle as my first white candle. The subsequent 3 black candle were haramis within this combination.

I believe you chose the friday white belt hold as your beginning point. Then your (some how included the hanging man, guessing here) first black candle on tuesday was a gap up crow from the friday white.

Of course the finalli was the same, massive white belt hold 'closing' well above the close of the first white candle in this series.

I continue to learn, so having great deal of fun. Keep it coming.

To Jeff, I don't mind Wolf's number of postings. I look at it like a barometer of excitement. When someone has as many shares a Wolf in one investment, every dollar move is ... well, ... its r-e-a-l-l-y exciting.

To all TAs: Did you guys look at the accum/dist line on DMX dailies for 1 year yet?? No comments so far. Check it out!!