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

To: Paul Shread who wrote (27222)	1/8/2002 11:09:03 AM
From: TechTrader42	Respond to of 52237

It's a pattern mentioned in Nison's first candlestick tome (pp. 98-101). Monty has had some good trades with it the past, I can tell ya.

To: Paul Shread who wrote (27222)	1/8/2002 12:15:10 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 52237

Paul, it has been one of the most reliable for me on individual stocks. The reason I like for above the reliability is the fact that the candle warned me to get ready on day 2 (the doji star or star day) and the upside gap gives me a chance to get short with a low risk (the high of the day 2 shadow). If I can catch the upside gap after a doji star or star I automatically short it....period. Since I think like the crooks that run this show, I believe the upside gap is their last chance to draw in the lemmings. Now that is me. To each his own as I tend to be very quick to exit the second it does not do what I expect it should based on the candle. Monty