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

To: Trading Machine who wrote (3254)	3/16/2001 8:57:08 PM
From: donald sew	Read Replies (1) \| Respond to of 52237

Trading Machine, >>>> but the "shooting star" won't be a shooting star if Monday opens lower! <<<< Actually, a "shooting star" is a 2 day pattern, where the second day gaps up or down and the second day is a doji/spinning top. If it gaps down on Monday, it would be a FAILED shooting star, and if it gaps up it would be successful and be a MORNING STAR. This is a good example where 3 day patterns are normally more valid than 2 day patterns. The MORNING STAR(3-day pattern) would confirm the SHOOTING STAR(2-day pattern). So if Mon is down, then this pattern was a SHOOTING-CRUD. gggggggggg