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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: bramble88 who wrote (12579)11/12/2002 3:16:12 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
you pretty much outlined my short term market view. Down tomorrow. Up a little less on Thursday, down on Friday, then down down down.....I think that in the end, this isn't going to be a rounding top. Rather more like the drop from the January 2002 highs.

stockcharts.com[r,a]dhcaynay[dd][pb50!b200][iUb14]&pref=G



To: bramble88 who wrote (12579)11/12/2002 3:21:17 PM
From: bramble88  Read Replies (2) | Respond to of 57110
 
A note on the Three Black Crow candles:

1. Candle patterns are not infallible and are best used in conjunction with other tools (I'm sure this statement is superfluous..).

2. Often candle patterns do correctly predict direction despite a several-day delay before this direction actually materializes. I suspect this may be the case here.