Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (22629)	5/15/2003 3:09:28 PM
From: chowder	Read Replies (1) \| Respond to of 206101

Tommaso, As I mentioned in my initial post, I didn't mention it because I didn't have in interest in HOFF at the time. My original message said that for those who follow TA, the clue was there. Since I have taken the time to learn TA, I have gone back and studied thousands of charts, trying to find a common denominator that would tip one off that a stock was topping off and a bearish reversal would come into play. One of the clues I found was the black filled candle forming after a strong uptrend. Funny thing is, you can't find the pattern in any of the books. I searched and searched for its significance. I had to write off to an author who works with candlesticks in order to get the answer. I knew the pattern had to be a powerful one when I couldn't find many people who knew the significance of it. When you understand the psychology behind the pattern, it makes perfect sense. It has become one of my favorite patterns for signaling a reversal. BTW, I did pick up a position in HOFF today. I have top secret information that prices are going higher. dabum