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


To: TechTrader42 who wrote (35779)5/10/2002 2:55:40 PM
From: Monty Lenard  Respond to of 52237
 
Brooke, as I said earlier. It is a real possibility that the gap could be included (and I suspect it would be) in a 3 methods formation. The Japanese did not have as many LEMMINGS as we do when they created the Candlesticks so it was not part of the definitions passed on.

Monty



To: TechTrader42 who wrote (35779)5/10/2002 3:07:40 PM
From: Monty Lenard  Respond to of 52237
 
I am sure some laughed when I said I had sold the q's the next morning but I know bear rallys can be very severe...in fact the most severe one will ever see in the market. I don't recall ever seeing one as severe as Wednesdays BWDIK.

If it weren't for the shorts this market would have been toast long ago. What is funny is that they create a rally that the lemmings jump in on and carry it to extremes and gives the shorts a chance to reposition.

Monty



To: TechTrader42 who wrote (35779)5/10/2002 3:18:39 PM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
Brooke, look at the rut on a weekly chart....the macds.

Monty