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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (65062)7/25/2002 8:19:02 AM
From: Gottfried  Read Replies (2) | Respond to of 70976
 
Sam, >"The longer the lower shadow, and the smaller the the read body, the more potent the [hammer]."<

I have limited experience. Just thinking about it...

price opens relatively high, then drops a lot
price comes back above open
is bullish

but I would think
price comes back a lot above open would be even more bullish [i.e. a large real body]

PS: Larry looking for bpcompq reversal into Xs soon. Could happen. Dorsey Wright calls it 'bull alert'. What I described above with candles caused some stocks to give a Pnf sell signal yesterday [because only the first possible move intraday leads to a change in Pnf Os. The up move later in the day does not register that day, but may lead to reversal to Xs next day.]

Larry's posts [read replies] Message 17791455

Message 17791477

I'll check bp tonight.

Gottfried