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


To: Haim R. Branisteanu who wrote (16363)8/22/2001 3:40:24 PM
From: Casaubon  Respond to of 52237
 
It's putting in a broadening top. <EOM>



To: Haim R. Branisteanu who wrote (16363)8/22/2001 4:00:24 PM
From: Bert  Respond to of 52237
 
Looks like a hammer on the daily to me Haim...moneystream not following though...looks like merely a bounce ahead..

Bert



To: Haim R. Branisteanu who wrote (16363)8/22/2001 7:36:08 PM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Haim,

>>>> Is the dollar forming a hammer? <<<<

Its actually a PAPER UMBRELLA. Umbrella is the generic description. When an Umbrella forms after a significant rally its a HANGING MAN, and when if forms after a significant pullback its a HAMMER.

This Umbrella formed after 4 days of relative flatness, which I consider as inconclusive.

I still have the NEGATED CLASS 1 SIGNAL on it, so its still in NEGATIVE MODE per my short-term techncials. It would need to break significantly above this flat period to end the NEGATED CLASS 1 SIGNAL.

seeya