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

To: Hayduke who wrote (20985)	10/5/2001 8:07:48 PM
From: donald sew	Respond to of 52237

Hayduke, >>>> iqchart.com. <<<< Thanks for posting that link explaining what a PAPER UMBRELLA is, since I did not have one to post. Since I received some posts on what a PAPER UMBRELLA is, its a very common pattern which are better known as HAMMERs or HANGING MAN. With the HANGING MAN, the PAPER UMBRELLA arrives at the end of a rally, and with the HAMMER, the PAPER UMBRELLA arrives at the end of a selloff. The name, PAPER UMBRELLA describes the single day CANDLE, while the HANGING MAN and HAMMER is the name for the multiple day pattern.