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


To: ohbeone who wrote (21037)10/7/2001 8:20:12 PM
From: briskit  Read Replies (2) | Respond to of 52237
 
Elliott wave predicting Friday as start of a new bull market?
wallstreet-online.de
Nasdaq: Freitag als möglicher Start eines Bullenmarktes
O behave! (Austin Powers)



To: ohbeone who wrote (21037)10/8/2001 3:33:28 PM
From: donald sew  Respond to of 52237
 
Ohbeone,

>>>> is that an evening star on the NDX followed by a paper doll? If so, then isn't that extremely bearish in the short term? <<<<

Actually the EVENING STAR was never formed, since DAY-3 was a white candle, and other reasons.

It was actually a SHOOTING STAR(2-DAY PATTERN) followed by a white PAPER UMBRELLA. A shooting star has moderate reliability and the PAPER UMBRELLA ia a individual candle which is bearish. Combining the 2 together, would be a little more than moderately reliable.