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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (1281)11/7/2001 9:45:50 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 23786
 
Even when they are not perfect, whenever you have that little tail sticking up there on an up-move, it has marked a top of some sort.

The only thing that mitigates that reading for me is that so many people see this as a top.



To: Oral Roberts who wrote (1281)11/7/2001 10:39:15 PM
From: AugustWest  Read Replies (1) | Respond to of 23786
 
I think you have a pretty good handle on it.

When I noticed it forming about 10 minutes 'till the close, I thought we had a do-hikey-me-bob dragon fly. Actually, that's either what my software charts showed or I was looking at a stock and thought it was the comp- I go with the first, I blame the software.

Further, when I figured it out on my own- in my head and rechecked and it looks like it does now, my initial thought was damn, too bad for the gap down. But we could find reasons to excuse that too, I suppose.

I use to have a real good site that showed a gazillion different one, 2, 3 and I think 4 day pattern set ups. It gave the whole history of candle stick charting too. And really validated how accurate it can be in the right hands.

Japanese use to(and probably still do to an extent) use it for determining the demand for rice the following year. Damn, I wish I could find it. It's been a while.



To: Oral Roberts who wrote (1281)11/7/2001 10:39:19 PM
From: Jorj X Mckie  Respond to of 23786
 
looks like you were right, more of a shooting star or gravestone doji.

litwick.com