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

To: donald sew who wrote (23590)	11/7/2001 9:33:03 PM
From: Susan G	Respond to of 52237

Inverted Hammer??!! Back to the books <g> I have more learning to do...

To: donald sew who wrote (23590)	11/7/2001 10:35:02 PM
From: Susan G	Read Replies (3) \| Respond to of 52237

Isn't an inverted hammer bullish and usually seen at the lower end of a trading range? And the bearish version is a shooting star and seen at the tops? I thought it was a bullish pattern after a long downtrend. Are you trying to tell us we are going UP? <g> Just trying to figure out how to decipher these candles myself when so many are similar...

To: donald sew who wrote (23590)	11/7/2001 11:19:35 PM
From: waverider	Read Replies (1) \| Respond to of 52237

Inverted Hammer...seems like it is candlestick time again! :) From what I understand an inverted Hammer is a bullish reversal indicator at the LOWER end of a trading range. We are at the top of a trading range, no? wr

To: donald sew who wrote (23590)	11/8/2001 8:49:16 AM
From: gerard mangiardi	Read Replies (1) \| Respond to of 52237

I am thinking we may have shifted from sell all rallies to buy the dips.

To: donald sew who wrote (23590)	11/8/2001 7:20:11 PM
From: victor pan	Read Replies (1) \| Respond to of 52237

Donald, >nor would I be surprised if tomorrows highs broke above todays intraday's highs slightly. Very nice call today! Too bad you didn't provide the exact time the pull back started ;) >I am not expecting a huge pullback, just something normal in size - something like 3-5 points in the QQQ's What do you think about this possibility? I observed that 37.5 was a pretty strong resistance for QQQ (corresponding to ~1800 NAZ). It must have taken it 5 or more intraday attempts to break that level. Now that it broke the resistance, it should turn around and provide a support? It seems that even if QQQ comes back to fill the 35.5 gap, an uptrend (starting from late September) is still intact?