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 : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (11406)	2/6/2001 9:38:26 PM
From: Michael Watkins	Read Replies (5) \| Respond to of 12039

Oh, you want a solid signal do you ;) Well why didn't you say so! The Full Moon candle is the best. More on this later. I suspected we were closer together on this discussion of hammers than farther apart. Your definition, some might call it a preference, is for a particular two day setup that, if you want to be long, hopefully 'confirms' by moving higher than the hammer high the next day. I absolutely agree that the more negative sentiment, the more violent the hammer-day reversal (long long shadow and a positive reversal), the more likely the hammer is to hold and the market to rally from that point. cheers Mike