Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lee Lichterman III who wrote (37812)	12/10/2000 6:36:09 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 42787

Lee; I like >>"If you are not an idealist by the time you are twenty you have no heart, but if you are still an idealist by the time you are thirty, you don't have a head" Randolph Bourne ---------------- the most. However it took me a lot longer to give it up. It was not until I was given a book by a Cuban friend in Key West, (Miguel de Cervantes's "Don Quixote" ) that I discovered who I was, I think that friend knew it all along and was tying to tell me something :-) ------------ Haven't looked at the futures but my guess is they will be back UP due to the last flap of the Supreme Court. ----------- I won't say a bottom is in but there are forces beyond the knee jerks of this election fiasco that should give us a fair rally. At least up to the resistance of to 75 to 80 on the QQQ. --------------- 1 Oil is dropping 2 search.news.yahoo.com Spam has been adding liquidity at break neck speed since Nov 15, BUT watch out as a rate cut can cause the rally to poop out Message 14988950 --------- & Message 14989551 Jim

To: Lee Lichterman III who wrote (37812)	12/10/2000 7:03:02 PM
From: JRI	Read Replies (1) \| Respond to of 42787

To anyone who may can help: Just started on candlesticks....looked at Litwick.com....based on the 3/4 websites I've seen, it looks like "litwick" has a fairly comprehensive list on possible bullish/bearish pattern... A couple questions: (1) If a pattern is considered bullish, ie Doji Star...how long is that a "bullish sign"...ie, for a short-term trend, or the next day's trading, or until the pattern is negated (by another promenant pattern)...for example, we had a Doji Star (bullish pattern-Thursday) accurately call the next day's trading (up day)...with Friday's action, a morning Doji star (another bullish pattern) now in place....so, according to candlesticks, am I to assume that (a) Monday's action will be up or (b) the next few day's action will be, net/net, up or (c) something else? (2) Are there more than the 32 bullish patterns and 32 bearish patterns shown at litwick.com? How accurate are those shown? (3) Anyone who has used candlesticks, and to what extent....any comments appreciated....obviously, candlesticks do not show all the zig-zags of an intra-day move (necessarily)..what are the consequences of that lack of informations? Finally (!), (4) Can you use candlesticks on individual stocks... There is likely a "candlesticks" thread (I haven't yet looked), but I've grown comfortable here, and respect some of the knowledgeable regulars...any help you can provide appreciated... BTW- Futures are up lock limit (or close)...aren't we, though, just gaining back what was lost after 4:00 PM on Friday..ie, net/net..we are back at Friday's close?