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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (2707)	2/26/2003 5:09:24 AM
From: robert b furman	Read Replies (1) \| Respond to of 12411

Hi Rich, I'd call this a hammer. Bears are weakening and bulls are gaining strength.The market is trying to hammer out a bottom. Lookin good from here on out - for a while anyhow. BWDIK Bob

To: Rich1 who wrote (2707)	2/26/2003 12:15:41 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12411

Yes... anytime the CLX-CLXpp prints over 11.00 you get upside peaking in volume activity.... higher numbers are even better. Looking at the difference between CLX and CLXpp bars offers further refinement. Candlesticks... don't spend a lot of time with candles..., but do look for Long Shadow Reversals. The Hammer or the Inverted Hammer and their variations. At tops... the "Shooting Star" has been refined through observation and now I call it the Cherry Bomb....! At bottoms... "The Hammer"-white body or "The Hanging Man" -black" is now refined and called the French 75....! <smile> The stockcharts glossary offer's a pretty good description of candles. stockcharts.com stockcharts.com French 75 The original cocktail upon which all "Frenchies" are based 1 Gin 1 Lemon Juice 0.2 Castor sugar 4 Champagne Serve in: Champagne Flute Mix - Mix in a mixing glass, using a bar spoon, or if straining is not required, and the drink is served over ice, mix in the glass. Notes: Make sure all the sugar dissolves in the gin, lemon and champagne. can also add grenedine