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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (14046)12/17/2001 11:09:31 PM
From: Bruce A. Brotnov  Respond to of 99280
 
Ibexx, I concur. I check about 200 candlesticks on the stocks I fellow every night and they are decent indicators. I find a high correlation when the market is going up but a pretty poor one going down, as they fall like the rest of the group. However, for a day the market is positive they often point out some very nice break outs.

Last night I had DKWD, FBC, PLMD and SAH, and TIER with positive candlestick indicators. 4 of 5 were up, but FBC was a bust for the day while the others had decent up moves.

BB